Tether Expands USDT Supply by $8 Billion on Tron and Ethereum
- Tether minted $8 billion USDT over the past eight days on Tron and Ethereum networks.
- An additional $1 billion USDT was minted on the Tron blockchain recently.
- Total USDT issued on Tron has reached $71.4 billion, while Ethereum holds $72.8 billion.
- USDT’s total circulation hit an all-time high of $149.4 billion, marking an 8.6% increase this year.
- USDT now captures 61% of the total stablecoin market share.
The recent surge in Tether’s USDT issuance across Tron and Ethereum has increased its total circulation to a record high, reflecting growing demand for stablecoins in decentralized finance and trading markets.
Source (2.6)https://coingape.com/tether-mints-8-billion-usdt-in-short-time-crypto-market-rally-soon/?rand=24432
