Tether Treasury has issued an additional 1 billion USDT on the Tron network, which is authorized but not yet released
Whale Alert monitoring data shows that Tether Treasury has minted 1 billion USDT on the Tron network. Tether CEO Paolo Ardoino stated that this batch of 1 billion USDT is a replenishment for the inventory on the Tron network. This is an authorized but unissued transaction, which means that this additional issuance will be used for the next issuance request and cross-chain exchange inventory.
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
BUZZ-Moderna shares rise after raising annual revenue growth forecast
US November Michigan consumer sentiment exceeds expectations, rises to three-month high; independent voters' confidence increases, inflation expectations improve
The preliminary November Consumer Sentiment Index from the University of Michigan rose to 51 from 48 in October, surpassing the market's expectation of 48. This improvement was mainly concentrated among independent voters, whose consumer confidence reached a one-year high. About 57% of respondents proactively mentioned that high prices are affecting their standard of living, the highest percentage since May. Consumers expect prices to rise by 4.3% over the next year, the lowest level in three months.
