Tether Expands USDT Supply on Ethereum Network with $1 Billion Issuance
Tether, a leading issuer of the USDT stablecoin, has increased its circulating supply on the Ethereum network by 1 billion USDT, according to data reported by BlockBeats. The issuance, completed three hours ago on September 21, 2025, at approximately 1:22 AM PKT, reflects a strategic move to meet rising demand for the dollar-pegged cryptocurrency. Over the past eight days, Tether has added a cumulative total of 5 billion USDT to its supply, underscoring significant market activity and investor interest.
This expansion bolsters Tether’s position as the dominant stablecoin on Ethereum, where it supports a wide range of decentralized finance (DeFi) applications, including lending, trading, and liquidity provision. The recent issuance aligns with a broader trend of increasing stablecoin usage, driven by growing institutional adoption and macroeconomic factors such as interest rate adjustments. Ethereum’s robust infrastructure, with its extensive network of smart contracts, continues to serve as a preferred platform for Tether’s operations.
The addition of 1 billion USDT brings the total supply on Ethereum closer to a record high, reinforcing its role as a critical liquidity hub in the cryptocurrency ecosystem. Analysts suggest that the sustained increase in USDT issuance over the past week may indicate heightened market volatility or a shift toward stable assets amid uncertain economic conditions. As Tether expands its supply, it is expected to further enhance the liquidity and stability of Ethereum-based financial applications, supporting the network’s ongoing growth.