Tether mints 1 billion USDT on Tron network, authorized but not issued
TechFlow news, according to Whale Alert monitoring, Tether minted 1 billion USDT on the Tron network at 22:12.
In this regard, Tether CEO Paolo Ardoino said that the 1 billion USDT is a supplement to the Tron network inventory. This is an authorized but unissued transaction, which means that this additional issuance will be used for the next issuance request and inventory for cross-chain exchanges.
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.
You may also like
BNB treasury company Applied DNA rebrands to BNB Plus, holdings surpass 15,000 tokens
VanEck's Solana ETF is now officially listed and trading
Infura launches DIN AVS to bring decentralized RPC and API marketplace to EigenLayer
Hyperion DeFi signs agreement with Cantor Fitzgerald and others to raise $500 million through stock sale