Tether Mints Billion-Dollar USDT Stockpile for Future Demand

Tether has recently minted $1 billion in USDT tokens to meet potential future demand. This move comes as the stablecoin issuer’s user base continues its rapid growth, exceeding 400 million users, surpassing even the US population. Notably, Tether’s CEO Paolo Ardoino explained that these minted tokens are part of an inventory replenishment process on the Tron blockchain. While the minted tokens are currently not circulating in the market, they will likely be used to meet potential demand in the near future.