Tether Treasury has issued an additional 1 billion USDT on the Tron network, which is authorized but not yet released
Whale Alert monitoring data shows that Tether Treasury has minted 1 billion USDT on the Tron network. Tether CEO Paolo Ardoino stated that this batch of 1 billion USDT is a replenishment for the inventory on the Tron network. 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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ivy League’s space gamble: Harvard reveals $2.2 billions SpaceX position, its largest single stock holding
Harvard University Investment Management Company disclosed that it holds $2.2 billion worth of SpaceX shares, making it the largest single stock position in its $4.3 billion US equity portfolio. This holding originated from Harvard’s early investment in SpaceX through venture capital funds, and the position has significantly appreciated after SpaceX’s public listing in June this year. The University of California also disclosed a roughly $1 billion position in SpaceX during the same period. Over the past decade, endowment funds from several universities have made substantial bets on private tech assets.
Circle obtains Major Payment Institution license in Singapore