Tether adds 1 billion USDT coins to Tron network for casting

BlockBeats reported that on June 22nd, according to Whale Alert monitoring, Tether Treasury minted 1 billion USDT on the Tron network 2 minutes ago. Tether CEO Paolo Ardoino stated that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issuance request and on chain exchange.