According to BlockBeats, on October 30, Whale Alert reported that Tether issued 1 billion USDT on the Tron network this morning.
Tether CEO Paolo Ardoino clarified that the issuance of 1 billion USDT is a replenishment of the inventory on the Tron network. This transaction is authorized but not yet issued, indicating that the newly issued USDT will be used for future issuance requests and cross-chain swaps.