Trending
June 22, 2025 10:51 PM
In Brief:
According to Whale Alert and ChainCatcher, Tether Treasury minted 1 billion USDT on the Tron network just minutes ago. Tether CEO Paolo Ardoino clarified that the transaction is “authorized but not issued,” meaning the funds will serve as inventory for future issuance requests and on-chain exchanges. Such pre-minting practices are common for liquidity management, allowing Tether to respond quickly to market demand. The move comes amid renewed stablecoin activity and growing use of Tron for USDT transfers due to its low fees.
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