Tether has issued another 1 billion USDT on the TRON network!
#返佣
The issuance of stablecoins (such as USDT) by Tether typically means the following:
1️⃣ Increased market demand: This may be due to active cryptocurrency trading, with users' demand for stablecoins rising, and the issuance is used to meet trading, settlement, and other needs.
2️⃣ Liquidity injection: Once the newly issued stablecoins enter the market, they will increase the liquidity of the cryptocurrency market, which may affect the prices of related assets.
3️⃣ Trust signal: If the issuance process is transparent and compliant, it may convey to the market that Tether has sufficient reserves to support the value of the stablecoin, enhancing user confidence; conversely, if there is a lack of transparency, it may raise doubts about the adequacy of its reserves.
Current market situation
• Tether has newly minted 1 billion USDT on the TRON network, bringing the total circulation of TRC20 to 8.169 billion
• By 2025, a total of 22 billion USDT will be issued on TRON, surpassing the increase on Ethereum
• The TRC20 protocol's zero transaction fees and instant settlement features attract high-frequency traders
Key driving factors
• Multi-chain strategy: Simultaneously minting an equivalent amount of USDT on the Ethereum network to build a cross-chain liquidity matrix for multi-chain expansion
• Market competition: The total market capitalization of stablecoins has reached $265.65 billion, but USDT's market share has dropped to 61.9%
Market data
• Compliance transformation: Freezing USDT associated with involved addresses demonstrates regulatory adaptability
Compliance dynamics
As the market becomes more active and the number of transactions increases, the importance of filling in codes for rebates is highlighted!
👉🏻 Manually fill in the invitation code in the Lanting community: LT888888
⬆️ or ⬇️
👉🏻 Direct invitation link (copy the link to open in your browser): https://www.marketwebb.systems/join?ref=LT888888