Stablecoin issuer Tether recently minted $1 billion in USDT on the Tron blockchain, a move that aligns with increased demand for stablecoins across various networks. The mint, authorized but not yet issued, was announced by Tether CEO Paolo Ardoino on Twitter. On-chain data further indicates significant growth on the Tron network. The total supply of stablecoins on Tron has surged from $58.5 billion at the start of 2025 to around $67.3 billion as of April 11, 2025, according to Defillama and on-chain analytics.
Meanwhile, the Bitcoin market is showing signs of bullish momentum despite bearish sentiment. Data from CryptoQuant reveals a surge in active Bitcoin addresses, with their balance replenished in recent quarters. This suggests an upcoming price breakout for Bitcoin as investors anticipate a long-term investment opportunity. Changpeng Zhao, Binance Co-founder, predicts that Bitcoin will reach $1 million due to geopolitical factors like the trade war between China and the US.
The altcoin market has also experienced growing interest recently with increased withdrawals of Ethereum units from exchanges in the last week, according to CryptoQuant data. This is a potential indicator for an upcoming