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Tether mints 1 billion authorized but unissued USDT on the TRON network

Tether mints 1 billion authorized but unissued USDT on the TRON network

CointimeCointime2024/01/29 12:33
By:Cointime

Whale Alert has monitored Tether Treasury's creation of 1 billion USDT on the Tron network. Paolo Ardoino, the CEO of Tether, stated that this 1 billion USDT is a supplement to the Tron network's inventory and is an authorized but unissued transaction, meaning that this increase will be used for future issuance requests and cross-chain exchanges.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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