PANews reported on March 31 that according to Whale Alert monitoring, at 22:22 Beijing time, Tether Treasury minted 1 billion USDT on the Tron network, worth approximately US$1.0006 billion.

Tether CEO Paolo Ardoino explained that this minting is a stock replenishment, which is authorized but unissued USDT, mainly used for future issuance requests and on-chain asset swaps.