BREAKING

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

TRX

TRX/USDT

$0.3175
+1.41%
24h Volume

$73,358,005.30

24h H/L

$0.3179 / $0.3127

Change: $0.005200 (1.66%)

Funding Rate

-0.0111%

Shorts pay

Data provided by COINOTAG DATALive data
Tron
Tron
Daily

$0.3174

0.67%

Volume (24h): -

Resistance Levels
Resistance 3$0.3419
Resistance 2$0.3269
Resistance 1$0.3192
Price$0.3174
Support 1$0.3155
Support 2$0.3106
Support 3$0.3031
Pivot (PP):$0.3167
Trend:Downtrend
RSI (14):32.0

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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