Tether Issues 1 Billion USDT on TRON, Total Supply Reaches 8 Billion in July
Main Idea
Tether issued 1 billion USDT on the TRON network on July 28, 2024, contributing to a total issuance of 8 billion USDT since July 1, reflecting increased demand for stablecoins and enhancing market liquidity.
Key Points
1. Tether issued 1 billion USDT on the TRON network on July 28, 2024, bringing the total issuance to 8 billion USDT since July 1.
2. The issuance highlights growing demand for USDT on the TRON blockchain, driven by its low transaction fees and high throughput.
3. Increased USDT issuance enhances market liquidity, supporting traders and decentralized finance (DeFi) platforms.
4. The surge in USDT issuance aligns with broader market trends of stablecoin adoption amid volatile crypto market conditions.
5. TRON's scalability and efficiency make it a preferred network for Tether's USDT issuance, facilitating fast and low-cost transactions.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Tether issued 1
Latest News
- SEC Postpones Truth Social Bitcoin Spot ETF Decision, Potentially Influencing BTC Market Sentiment2025-07-28 23:06:34
- Ethereum Treasuries May Offer Staking Rewards Amid Liquidity and Smart Contract Risks, Bernstein Notes2025-07-28 22:54:33
- SEC May Extend Review on Truth Social Bitcoin ETF Amid Regulatory and Ethical Considerations2025-07-28 22:41:14
- $BIO, $EUL added to Coinbase roadmap2025-07-28 22:28:46
- Tether USDT Supply Rises Amid Stablecoin Outflows, Suggesting Possible Risk-Off Pressure on Bitcoin2025-07-28 22:27:55