Tether Mints 1 Billion USDT on Tron Network
- Tether minted 1 billion USDT on the Tron network on April 28.
- This minting marks a total of 12 billion coins minted since January 29 on Tron.
- The total supply of USDT on the Tron network is now $71.7 billion.
- Bitcoin price increased nearly 10% in the past week, reaching $95K.
- TRX price dipped by 1%, trading at $0.2456, with a weekly increase of 1.5%.
Tether’s recent minting activity has significantly increased its USDT supply on the Tron network to $71.7 billion, coinciding with a notable Bitcoin price rally of nearly 10% over the last week.
Source (2.6)https://coingape.com/why-tether-usdt-moves-1-billion-in-just-24-hours/?rand=24432