
Tron Overtakes Ethereum in USDT Supply After Massive $1B Mint
Tether has minted $1 billion of USDT on the Tron blockchain, pushing its authorized supply above Ethereum’s and marking a significant shift in stablecoin network dominance.
Tether has minted $1 billion of USDT on the Tron blockchain, pushing its authorized supply above Ethereum’s and marking a significant shift in stablecoin network dominance.
In a groundbreaking move, Tether has minted a staggering 19 billion USDT within a single month, sparking debates over market liquidity and transparency concerns. This action underscores its pivotal role in the cryptocurrency ecosystem but also raises questions on oversight and stability.
Circle has minted nearly $1 billion in USDC on Solana over the past week, solidifying its position as the dominant stablecoin in the ecosystem and potentially signaling increased demand and liquidity.