Tether Mints $2 Billion USDT on TRON, Outpacing Ethereum in Stablecoin Supply

Tether has recently minted $2 billion worth of USDT stablecoins on the TRON network. This significant event underscores TRON’s dominance in stablecoin supply, surpassing Ethereum and influencing global market preferences. The move reflects Tether’s strategy to consolidate its USDT holdings across various blockchains and strengthens TRON’s position as a preferred platform for this type of asset. The influence extends beyond the network itself, with increased daily activity exceeding $20 billion in transfers and over 1 million unique users. 50% market share in stablecoin transactions points to TRON’s growing global influence on financial markets.