• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Tether Mints 1 Billion USDT on Tron: What It Means for the Crypto Market

user avatar

by Giorgi Kostiuk

6 hours ago


Tether, the company behind the world’s largest stablecoin USDT, has announced the minting of 1 billion new tokens on the Tron blockchain. This move is part of a 'chain swap' strategy aimed at enhancing liquidity and meeting user demand.

Minting USDT on Tron

Tether has minted 1 billion new USDT tokens on the Tron blockchain as part of its strategy to increase market liquidity. This does not imply immediate circulation, but the tokens are available for future issuance, as clarified by Tether CTO Paolo Ardoino, who noted that the tokens are intended for 'inventory replenishment' and will be used as needed.

Impact on the Crypto Market

The release of large amounts of USDT always triggers speculation in the market: does this indicate that institutional players are preparing for significant actions? While Tether insists this is merely a technical move, history shows that new inflows of USDT often precede increased market activity. This could also inject new energy into trading volumes and active operations on DeFi platforms.

Tether's Strategic Positioning

Tether continues to solidify its position in the stablecoin market, with over $112 billion in circulating supply. Minting on Tron not only strengthens Tether’s multi-chain presence but provides traders with faster access to liquidity on a blockchain known for its low fees and high processing speed. Despite ongoing scrutiny regarding its reserves and transparency, such operational moves demonstrate Tether's significant influence on market liquidity and sentiment.

The release of 1 billion USDT on the Tron blockchain highlights Tether's strategic steps to maintain its dominant position in the stablecoin space and its influence on the current dynamics of the cryptocurrency market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

BTC Bull Token set to launch while BlockDAG partners with Seattle Orcas

chest

The BTC Bull Token is preparing to launch, and BlockDAG has formed a significant partnership with Seattle Orcas, enhancing its market position.

user avatarGiorgi Kostiuk

GameSquare Acquires 1,818.84 ETH for $5 Million, Strengthening Its Position in the Crypto Industry

chest

GameSquare announces the purchase of 1,818.84 ETH for $5 million, highlighting the growing interest in corporate investments in digital assets.

user avatarGiorgi Kostiuk

Cosmos and Lightchain AI: Foundational Approaches to Blockchain Adoption

chest

Cosmos focuses on modular architecture and cross-chain solutions, while Lightchain AI drives real-world adoption through incentives.

user avatarGiorgi Kostiuk

Bitcoin Pepe and BlockDAG: Market Trend Analysis

chest

We compare Bitcoin Pepe and BlockDAG: short-term successes versus real infrastructure in the crypto industry.

user avatarGiorgi Kostiuk

Ruvi AI (RUVI): A New Cryptocurrency That Could Outperform Solana

chest

The development of the new cryptocurrency Ruvi AI (RUVI) attracts investors' attention due to its unique offerings and growth opportunities.

user avatarGiorgi Kostiuk

Bitcoin Sets New All-Time High, Sparkling Optimism in the Crypto Market

chest

Bitcoin has reached a record of $116,868, prompting active movement in the cryptocurrency market.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.