Market Cap: $3.4391T 4.130%
Volume(24h): $122.6091B 38.090%
  • Market Cap: $3.4391T 4.130%
  • Volume(24h): $122.6091B 38.090%
  • Fear & Greed Index:
  • Market Cap: $3.4391T 4.130%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$109731.956184 USD

3.84%

ethereum
ethereum

$2692.478025 USD

7.88%

tether
tether

$1.000259 USD

-0.02%

xrp
xrp

$2.310195 USD

2.85%

bnb
bnb

$665.398326 USD

2.29%

solana
solana

$159.672203 USD

5.06%

usd-coin
usd-coin

$0.999804 USD

-0.01%

dogecoin
dogecoin

$0.194571 USD

6.55%

tron
tron

$0.287722 USD

1.47%

cardano
cardano

$0.712553 USD

7.00%

hyperliquid
hyperliquid

$39.140056 USD

10.60%

sui
sui

$3.406832 USD

5.85%

chainlink
chainlink

$14.613780 USD

6.44%

avalanche
avalanche

$21.918622 USD

5.88%

stellar
stellar

$0.276535 USD

3.81%

Cryptocurrency News Articles

Tether Mints $2B Worth of USDT on Tron Network, Overtaking Ethereum's USDT Supply

May 16, 2025 at 06:10 pm

Tether, the issuer of the world's largest stablecoin USDT, has minted $2 billion worth of the cryptocurrency within a few hours

Tether Mints $2B Worth of USDT on Tron Network, Overtaking Ethereum's USDT Supply

Tether, the issuer of the world's largest stablecoin, has minted $2 billion worth of Tether (USDT) in a few hours, with each minting being for $1 billion.

The minting took place on the Tron (TRX) network and pushes the total supply of USDT to over $151 billion. It also brings Tether's total issuance for 2025 to $15 billion.

Two Billion USDT Minted on Tron

The first billion USDT, which is equal to $1 billion USD, was minted at the Tether Treasury. Shortly after, another billion was minted, bringing the total to $2 billion in new USDT.

This huge increase in supply took place on the Tron blockchain. Tron is now seeing more USDT activity than Ethereum (ETH), with a total supply of over $73 billion compared to Ethereum’s $71.9 billion.

Tron leads with more than $73 billion in USDT supply, while Circle's USDC is in third place with $60.7 billion.

The stablecoin market has seen huge growth this year. Nearly $130 billion in May 2023, the total stablecoins are now nearly $240 billion.

USDT is now 4.47% of the total crypto market.

Tron's rise in USDT supply marks a historical milestone as it surpasses Ethereum for the first time and brings it to an all-time high for USDT on the Tron network.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jun 11, 2025