Tether Authorizes 2 Billion USDT on TRON Network
- Tether authorized the issuance of 2 billion USDT on the TRON network over two days.
- USDT’s market capitalization exceeds $145 billion.
- USDT holds a dominance of 61.75% in the stablecoin market.
- The new issuances are authorized but not yet released, serving as inventory for future requests.
- Tether may launch a new stablecoin if faced with U.S. regulatory constraints.
Tether’s authorization of an additional 2 billion USDT on TRON highlights its strategic approach to maintaining liquidity and market dominance, with a current market cap exceeding $145 billion and a significant share in the stablecoin sector.
Source (2.6)https://hodl.press/tether-issues-2-billion-usdt-on-tron-in-two-days/?rand=24434
