The Tether Treasury minted $1 billion worth of USDT tokens on the Ethereum network, according to blockchain explorer Whale Alert. Tether's CEO clarified that this was an authorized transaction intended to replenish inventory and that the minted tokens have not been issued yet. Tether also mints USDT on other blockchains like Tron, Cosmos, and EOS. Ethereum currently has a total authorized USDT supply of $53.9 billion, while Tron leads with an authorized supply of $61.8 billion. The news sparked bullish comments, with users speculating about a potential bull run in the crypto market.



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