Tether has minted 16 billion USDT on the Tron network, bringing its total supply to 75.7 billion, surpassing Ethereum. This strategic move addresses increased liquidity demands on exchanges, positioning Tether as a significant player in decentralized finance.
This issuance, involving key figures like Paolo Ardoino and Justin Sun, enhances liquidity for platforms related to Sun, such as HTX. The minting process supports future demand while ensuring transparency.
Despite market fluctuations, Tron has consistently attracted high USDT volume, reinforcing its growing appeal in stablecoin transactions within decentralized finance.
Full story here: https://coincu.com/338053-tether-mints-usdt-tron-network
