**Tether Mints Another 1 Billion USDT on Tron Network**

Tether, the issuer of the popular stablecoin USDT, has minted an additional 1 billion tokens on the Tron network, bringing their total USDT issuance to $33 billion over the past year. Blockchain data from August 20 reveals that these new tokens were sent to Tether's Treasury wallet.

- **Minting Breakdown**: Of the $33 billion minted, $19 billion were on Tron, and $14 billion on Ethereum.

- **Recent Activity**: Just a week earlier, Tether minted another billion USDT on Ethereum.

- **Purpose**: Tether CEO Paolo Ardoino clarified these mints are for inventory replenishment, ensuring smooth liquidity management.

Tether's Transparency page indicates a high demand for USDT on Tron, with only $36 million currently "authorized but not issued." Tron leads the stablecoin market with a 37.9% share, holding over $61 billion in stablecoins.