COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Tether Bolsters Liquidity with Massive USDT Minting on Tron Network
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Tether (USDT) > Tether Bolsters Liquidity with Massive USDT Minting on Tron Network
Tether (USDT)

Tether Bolsters Liquidity with Massive USDT Minting on Tron Network

In Brief

  • Tether minted $1 billion USDT on the Tron network to meet rising demand.

  • The demand for stablecoins is linked to market volatility and safety concerns.

  • Tether strategically uses the Tron network for its low fees and fast transactions.

Fatih Uçar
Fatih Uçar 1 month ago
Share
SHARE

Tether, a leading stablecoin provider in the cryptocurrency market, has minted 1 billion USDT valued at $1 billion on the Tron network. This development is seen as a response to the rising demand for stablecoins, interpreted as a significant move to increase liquidity in the market. Tether’s CTO, Paolo Ardoino, clarified that this USDT minting is aimed at “inventory replenish.” Such operations are planned in advance to meet the future USDT needs of exchanges and institutions.

Contents
Stablecoin Demand Surges AgainTether’s Role in Market Liquidity and the Tron Network

Stablecoin Demand Surges Again

Recently, there has been a notable increase in trading volumes in the cryptocurrency market. The resurgence of major cryptocurrencies like Bitcoin $109,992 and Ethereum $2,590 prompts users to rely on stablecoins, which are viewed as safe havens. Particularly, USDT continues to be one of the top choices for investors due to its rapid transaction capabilities and market value. Tether’s recent USDT minting is a direct result of the closely monitored market activity.

Altcoin Tether USDT Minting

However, macro factors such as the Federal Reserve’s monetary policy and global economic outlook introduce uncertainties in the cryptocurrency market. Investors often employ risk-averse strategies during these volatile times, shifting their positions to stablecoins. Thus, the demand for USDT is linked not only to market fluctuations or bullish trends but also to the search for safety during uncertain periods.

Tether’s Role in Market Liquidity and the Tron Network

Currently, Tether holds the position of the largest stablecoin by market capitalization. While the company operates on various blockchain networks like Ethereum, Solana $175, and Avalanche, the recent significant USDT mints on the Tron network have drawn attention. The Tron network offers low transaction fees and fast approval times, making it an attractive platform for large stablecoin transfers. This explains Tether’s strategic preference for the Tron network.

In a statement on X, Tether’s CTO Ardoino mentioned that the newly minted USDT is held as “stock” before being transferred to exchanges. This means that the coins minted today do not directly enter circulation, indicating they will only be utilized when demand arises. By anticipating the needs of users and institutions, Tether aims to prevent liquidity crises in the market.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Russia’s Central Bank Ostracizes Tether with New Guidelines

Tether Faces Criticism Over Financial Practices and Stability

Tether AI Pioneers Open Source Blockchain-Based Payment Integration

Tether Achieves Record Financial Gains with Strategic Investments

Tether Dominates Q1 2025 with Record Profits and Treasury Investments

Fatih Uçar 12 April, 2025 - 7:39 pm 12 April, 2025 - 7:39 pm
Share This Article
Facebook Twitter
Share
Previous Article Binance Adjusts Margin Rates: What It Means for Traders and the Market
Next Article Credible Crypto Predicts Curve DAO (CRV) Coin Could Soar Fourfold
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

BTCS Amplifies Ethereum Portfolio with a Strategic Pivot
Altcoin News Cryptocurrency News
Canary Capital Enhances Solana ETF with Strategic Partnership
Altcoin News Cryptocurrency News
Americans Lead in Global Bitcoin Ownership Domination
Bitcoin (BTC)
Solana Overhauls System for Unprecedented Speed Boost
Solana (SOL)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?