Tether issued 1 billion $USDT in the Ethereum network

On July 3, 2025, the issuer of the USDT stablecoin — Tether — authorized the issuance of another 1 billion coins in the Ethereum network. The last similar reserve increase occurred on June 18.

Tether's CEO Paolo Ardoino clarified on X (formerly Twitter) that the mentioned volume of stablecoins in the Ethereum network ($ETH ) is currently authorized but not yet issued. According to him, these tokens may be drawn for future issuance or swaps between blockchains.

At the time of writing this post, the market capitalization of USDT is about $158 billion.