Tether Issues Additional 1 Billion USDT on Tron Network
According to Whale Alert data on July 12, stablecoin issuer Tether minted an additional 1 billion USDT on the Tron network at 15:24:51 Beijing time today. Tether CTO Paolo Ardoino explained this represents an authorized but unissued transaction on Tron, meaning the newly minted tokens will be used for future issuance requests and on-chain interactions.
According to Whale Alert data on July 12, stablecoin issuer Tether minted an additional 1 billion USDT on the Tron network at 15:24:51 Beijing time today.
Tether Chief Technology Officer Paolo Ardoino explained that this represents an authorized but unissued transaction on the Tron network, meaning the newly minted tokens will be used for future issuance requests and on-chain interactions.