Tether mints another 1 billion USDT on the Tron network

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On June 22, according to Whale Alert monitoring, Tether Treasury minted an additional 1 billion USDT on the TRON network an hour ago. A total of 2 billion USDT have been minted today.

Tether CEO Paolo Ardoino stated that this is an authorized but not yet issued transaction, meaning it will be used as inventory for the next issuance request and on-chain exchange.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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