BREAKING
232d 8h ago

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

TRX

TRX/USDT

$0.2788
+1.12%
24h Volume

$115,098,670.07

24h H/L

$0.2794 / $0.2751

Change: $0.004300 (1.56%)

Funding Rate

+0.0047%

Longs pay

Data provided by COINOTAG DATALive data
Tron
Tron
Daily

$0.2788

0.18%

Volume (24h): -

Resistance Levels
Resistance 3$0.2946
Resistance 2$0.2883
Resistance 1$0.2813
Price$0.2788
Support 1$0.2767
Support 2$0.2724
Support 3$0.2683
Pivot (PP):$0.278133
Trend:Downtrend
RSI (14):39.3

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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