Ethereum

Stablecoin

DeFi

Billion

Coin

<ul class="wp-block-list news-points">
 <li><strong>Tether mints $33B USDT in a year, with Tron leading issuance at 19B tokens.</strong></li>
 <li><strong>Tron dominates the stablecoin market, holding 37.9% share and $61B in assets.</strong></li>
 <li><strong>USDT mints ensure liquidity, reflecting rising demand in DeFi and crypto trading.</strong></li>
</ul>
<p>Tether continued its aggressive stablecoin expansion, minting $1 billion USDT on the Tron blockchain just weeks after a similar Ethereum issuance.</p>
<p>This latest issuance caps a record-breaking month for Tether, with $16 billion USDT minted in August alone. This brings the annual total to an impressive $33 billion, highlighting the surging demand for stablecoins in DeFi and crypto trading.</p>
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   <p lang="en" dir="ltr">Tether minted another 1B <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$USDT</a>!<a href="https://twitter.com/hashtag/Tether?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Tether</a> has minted 14B <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$USDT</a> since Nov 8!<a href="https://t.co/O3xDQf7ZwD" target="_blank" rel="noopener noreferrer nofollow">https://t.co/O3xDQf7ZwD</a> <a href="https://t.co/EsgCuskbSG" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/EsgCuskbSG</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1862517137849688566?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 29, 2024</a>
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<h2 class="wp-block-heading" id="h-tether-increases-supply-to-meet-stablecoin-demand">Tether Increases Supply to Meet Stablecoin Demand</h2>
<p>Tether transferred the $1 billion USDT minted on Tron to its <a href="https://x.com/paoloardoino/status/1823331317624311866" target="_blank" rel="noopener noreferrer nofollow">treasury wallet,</a> demonstrating its strategy of inventory replenishment. This approach ensures an adequate supply to meet issuance requests and support chain swaps.</p>
<p><a href="https://coinedition.com/tether-fud-returns-bitcoin-price-dips-then-recovers/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">Tether’s strategy</a> resembles that of traditional businesses, where inventory management ensu…</p>
<p>The post <a href="https://coinedition.com/tether-mints-1-billion-usdt-on-tron-to-meet-market-demand/" rel="noopener noreferrer nofollow">Tether Mints $1 Billion USDT on Tron to Meet Market Demand</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Tether Mints $1 Billion USDT on Tron to Meet Market Demand

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