Tether Mints Another $1 Billion USDT on Tron, Setting New Supply Record Amid Network Dominance

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Tether has extended its foothold in the stablecoin space, this time on the Tron blockchain. The stablecoin issuer has added another $1 billion worth of USDT on the Tron network, ramping up Tether’s AUM on the blockchain to an all-time high of $71.7 billion. USDT on Tron now constitutes nearly half of the total Tether circulating supply of $147.3 billion. The current issuance, disclosed through Tether’s official channels and verified on-chain, brings the total amount of USDT minted on Tron to an eye-watering $12 billion since just January 29. This not only underscores Tron as a burgeoning stablecoin ecosystem but

The post Tether Mints Another $1 Billion USDT on Tron, Setting New Supply Record Amid Network Dominance appeared first on The Merkle News.

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