Arkham Intelligence, an onchain analytics firm, revealed that Tether has minted $1 billion in USDT stablecoins on the Tron blockchain. This substantial transaction was executed without any fee.
The transaction was tracked from a Tron 'black hole address' and directed to Tether's multisignature wallet, which starts with the characters 'TBPxh'.
This minting reinforces Tether's influential role in the stablecoin market and underlines Tron's capability as a blockchain platform for hosting large-scale transactions.
