Tether Mints $1 Billion USDT on Tron Network Amid Rising Stablecoin Demand

The post Tether Mints $1 Billion USDT on Tron Network Amid Rising Stablecoin Demand appeared first on Coinpedia Fintech News

Leading stablecoins issuer Tether minted 1 billion USDT on Tron (TRX) network on Saturday, April 12, during the early Western financial markets. According to Paolo Ardoino, CEO Tether, the 1 billion mint is an authorized but not an issued transaction.

PSA: 1B USDt inventory replenish on Tron Network. Note this is an authorized but not issued transaction, meaning that this amount will be used as inventory for next period issuance requests and chain swaps.https://t.co/Y1bqxZglgR