Tether Minted New Supply on Tron Network

Tether has recently minted an additional 1 billion USDT tokens on the Tron blockchain, according to data tracking platform BlockBeats. This transaction, announced by Whale Alert, was detected four hours ago and serves as a reserve for potential future issuance requests and chain swaps. Tether CEO Paolo Ardoino confirmed this development, stating that the newly minted USDT is intended as a reserve.