Tether printer on overdrive, minting 1B USDT on TRON Network
Tether has minted $1 billion in USDT on the TRON network, which follows up on the billions in USDT that it has minted over the past week. Over the past seven days, Tether has minted a total of $4 billion in USDT.
Tether has maintained that its supply is backed by its reserves, with accounting firm BDO most recently confirming that the former had $960 million in excess in its reserves. The firm also increased the percentage of its reserves held in Treasury bills to 58%.