Data monitored by Whale Alert shows that around 5:35 Singapore time, 1,000,000,000 USDT ($999,565,000) were minted at Tether Treasury. Tether CEO Paolo Ardoino stated that this billion USDT is a replenishment to the Tron network inventory. This is an authorized but unissued transaction, meaning that this increase will be used for the next issuance request and chain exchange inventory.