Tether USDt

Tether has minted $16 billion worth of USDT on Ethereum and Tron since November 6 according to Lookonchain. This includes a fresh $1 billion minted just hours ago. The latest mint highlights growing demand for stablecoins amid increasing crypto market activity.On December 2, <a href="https://cryptotale.org/tether-releases-wdk-for-secure-customizable-crypto-wallets/" rel="noopener noreferrer nofollow">Tether</a> minted $1 billion USDT on the Tron blockchain. This follows similar large-scale minting on Ethereum earlier this year. The newly minted USDT was sent to Tether’s treasury wallet to ensure liquidity.Tether’s reliance on Tron has grown significantly. In the past year, Tron facilitated the minting of 19 billion USDT. During the same period, Ethereum accounted for 14 billion USDT which is comparatively lower than that of Tron’s. Tron’s lower transaction costs and scalability drive its popularity.Tron now holds 37.9% of the stablecoin market, surpassing Ethereum. The network supports over $61 billion in stablecoins. Tether’s increased activity on Tron reflects its strategy to meet demand while optimizing costs.<a href="https://cryptotale.org/tether-mints-16-billion-usdt-since-november-as-demand-surges/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Tether Mints $16 Billion USDT Since November as Demand Surges

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