Tether Mints $2B USDT on Ethereum in 48 Hours as Tron USDT Hits Record High
Tether issued $1 billion USDT in a single Ethereum transaction today, completing $2 billion minted on the network within 48 hours and signaling fresh stablecoin liquidity for crypto markets. This builds on an earlier report of $2 billion minted over three days by Tether Treasury, confirmed via Etherscan transactions like 0xe7e535…d484622. Tron's USDT supply simultaneously hit an all-time high of 86.7 billion, underscoring broad stablecoin demand. Analysts interpret the rapid mints as 'dry powder' for Bitcoin, altcoins, Ethereum trading, and DeFi, potentially fueling upward pressure and higher volumes.