Tether Minted $1 Billion USDT on Tron: Boosting Liquidity Strategy

Tether has minted a substantial $1 billion worth of USDT tokens on the Tron blockchain, according to CEO Paolo Ardoino’s announcement. These newly minted tokens remain in Tether’s inventory and are classified as ‘authorized but not issued,’ reflecting Tether’s strategy for meeting market demands efficiently without immediate circulation impacts. The move underscores Tether’s commitment to managing liquidity to meet trader demand.