Blockchain trackers have detected a $1 billion authorization of Tether (USDT) in Tether’s Treasury, intended to provide near-term liquidity for the Tron network. Tether’s CTO, Paolo Ardoino, clarified that this is an authorization, not an issuance, serving as inventory for future issuance requests and chain swaps on the Tron network.
Tether authorizes $1B USDT to ‘replenish’ Tron network
