BREAKING
213d 10h ago

Tether Mints 2 Billion USDT on Tron Network in Authorized Transaction, Says CEO Paolo Ardoino

TRX

TRX/USDT

$0.3002
+0.94%
24h Volume

$157,377,133.44

24h H/L

$0.3004 / $0.2952

Change: $0.005200 (1.76%)

Funding Rate

+0.0000%

Longs pay

Data provided by COINOTAG DATALive data
Tron
Tron
Daily

$0.2997

0.17%

Volume (24h): -

Resistance Levels
Resistance 3$0.3191
Resistance 2$0.3095
Resistance 1$0.3046
Price$0.2997
Support 1$0.2979
Support 2$0.2917
Support 3$0.2867
Pivot (PP):$0.299467
Trend:Sideways
RSI (14):50.4
Tether Mints 2 Billion USDT on Tron Network in Authorized Transaction, Says CEO Paolo Ardoino

According to Whale Alert data, the Tether Treasury recently minted an additional 1 billion USDT on the Tron blockchain, marking a total issuance of 2 billion USDT within a single day. This significant increase in stablecoin supply reflects Tether’s ongoing liquidity management strategies. Tether CEO Paolo Ardoino clarified that the newly minted tokens represent an authorized but unissued transaction, intended to fulfill upcoming issuance requests and facilitate on-chain liquidity operations. This move underscores Tether’s commitment to maintaining stablecoin availability across multiple blockchain networks, ensuring seamless transactional flow for institutional and retail participants alike.

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