Tether Mints $1 Billion in USDT on TRON as Stablecoin Demand Surges

This latest issuance brings Tether’s total USDT supply on TRON in 2024 to $10 billion, reflecting a significant uptick in demand for stablecoins on the network.

Traders Drive Stablecoin Growth on TRON

The rising USDT supply corresponds with a broader surge in stablecoin activity, as traders increasingly rely on them for:

Fast and low-cost transfers Hedging against crypto market volatility Bypassing traditional banking delays

TRON has remained a favored network for stablecoin usage due to its high transaction speed and minimal fees, making it a preferred platform for high-volume trading and cross-border transactions.

Tether’s continued minting indicates that stablecoins remain a central pillar of the crypto economy, especially amid ongoing global financial uncertainty and increased demand for dollar-pegged digital assets.

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