Tether Mints 2 Billion USDT on Ethereum, Boosting Market Liquidity
On April 29, 2025, Tether minted a staggering 2 billion USDT on the Ethereum blockchain, marking one of its largest single-day issuances this year. This comes just days after another 1 billion USDT was minted on the TRON network, bringing the week's total to 3 billion USDT across both chains.
The massive injection of stablecoins is likely aimed at meeting growing market demand and boosting liquidity on exchanges. Historically, such large-scale USDT issuances have preceded spikes in Bitcoin and altcoin trading volumes, hinting at a potential bullish wave ahead.
However, the move also renews regulatory scrutiny. Ethereum and TRON remain the top networks for illicit stablecoin activity, raising concerns about transparency and oversight as Tether’s influence in the crypto market continues to grow. Thanks for reading , do you know what's CheckDot ?
