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XLM $0.1646 -3.28%
ZEC $352.11 -0.83%

Tether has added the minting of 1 billion USDT on the Tron network, which has been authorized but not issued

2025-05-06 08:02:16
Collection

ChainCatcher news, according to Whale Alert monitoring, Tether Treasury minted an additional 1 billion USDT (worth approximately 1.001 billion USD) on the Tron network at 4:52 AM (UTC+8) this morning.

Tether CEO Paolo Ardoino stated that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issuance request and on-chain swaps.

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