Tether Treasury minted 1 billion USDT on Tron chain, which has been authorized but not issued

BlockBeats reported that on August 20, according to Whale Alert monitoring, Tether Treasury has minted 1 billion USDT on the Tron chain at around 13:50 Beijing time today.

According to Tether CEO Paolo Ardoino, this is an authorized but unissued minting transaction, which means that the amount will be used as inventory for the next issuance request and chain exchange.