Tether authorized the issuance of 1 billion USDT on the Tron network (not yet issued).
According to Whale Alert monitoring data on November 22nd, BlockBeats reported that stablecoin issuer Tether issued 1 billion USDT (1,000,427,499 USD) on the Tron network at 21:34 Beijing time.
Tether's CEO, Paolo Ardoino, stated that this 1 billion USDT is a replenishment of the Tron network inventory. This is an authorized but unissued transaction, which means that the issuance will be used for the next issuance request and cross-chain exchange inventory.