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100 Million TRON-Based Tether Minted as TRON-USDT Hits 1.6 Billion Milestone

source-logo  newslogical.com 09 May 2020 17:30, UTC

The founder and CEO of TRON blockchain technology, Justin Sun, has for some times been reporting numerous achievements made by the USD-pegged stablecoin issued on the TRON network.

Today featured another. TRON-based Tether hits 1.6 billion milestone today. Similarly, 100 million USDT (TRON-USDT) was also minted on TRON blockchain network.

In a fresh update, Justin Sun confirmed that TRON-USDT has now reached a total supply of 1.6+ billion. As illustrated by Sun, the total number of active addresses on the network is now above 67 thousand and more than 4,200 transactions have been executed on the network.

1.6 billion $USDT on #TRON.🚀#TRX $TRX pic.twitter.com/xYbnI2zcaz

— Justin Sun (@justinsuntron) May 9, 2020

100 Million TRON-USDT Printed at Tether Treasury

Whale Alert, a crypto update platform that keeps users abreast of huge fund movement in the crypto space, has just reported the minting of 100 million USDT at the Tether Treasury.

💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 100,000,000 #USDT (100,222,390 USD) minted at Tether Treasury

Tx: https://t.co/G2DW7GzVV4

— Whale Alert (@whale_alert) May 9, 2020

According to Whale Alert, the 100 million USDT was minted on TRON blockchain. As at the time of minting, the fund equals about $100,222,390 USD. The minting happened today, May 9, at around 12:43:48 UTC

newslogical.com