On May 15, Whale Alert's monitoring detected Tether Treasury executing a minting transaction of 1 billion USDT on the Tron network at 19:17. Paolo Ardoino, CTO of Tether, later explained that this transaction “has been authorized but not yet issued.” This amount is used as a reserve for future on-chain issuance and redemption requests and has not entered market circulation. This is part of Tether's regular inventory management process.
The information provided is to update the market, not investment advice.
Source: https://tintucbitcoin.com/tether-tao-them-1-ty-usd-usdt-tren-mang-luoi-tron/
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