In the last few hours, Tether minted USDT worth $1 billion on Tron and burnt $1.5 billion on Ethereum.
The shift is quite a move:
Tron has offered faster and cheaper options than Ethereum to explain the switch.
Ethereum's sky-high fees could be scaring away users, especially when it comes to stablecoins.
Tether probably adjusts the stablecoin supply according to the strongest demand centers.
This very well might also create opportunities for trade between different blockchains.
Be you're new in the crypto world or already an expert in DeFi, it does not matter anymore, USDT will always be a contender in blockchain liquidity as it is now.
