The Tether Treasury has minted 2 billion USDT on Ethereum, raising the total supply to 160 billion tokens.
This follows earlier activity in July, including a minting of 1 billion USDT on Tron and the minting in May of 2 billion that coincided with the moment Bitcoin surpassed $111,000.
This pattern suggests a strategic expansion of liquidity across major chains.
Key Factors Tether:
It is prioritizing scalable networks while phasing out older chains by September 2025. The company reports reserves of $127 billion in Treasury bonds plus 80 tons of gold, although without independent audits.
Meanwhile, the GENIUS Act threatens stricter regulations on stablecoins, which could affect market stability.
