According to TechFlow, Whale Alert has monitored that Tether has minted 1 billion USDT on the Tron network.

In response, Tether CEO Paolo Ardoino said that the 1 billion USDT this time is a supplement to the Tron network inventory. This is an authorized but unissued transaction, which means that this additional issuance will be used for the next issuance request and cross-chain exchange inventory.