Tether has achieved a massive milestone by hitting the staggering figure of $71.7 billion in total supply on Tron blockchain. This milestone has come right after the stablecoin minted one billion USDT on Tron blockchain.
A Total Of 12B USDT Has Been Minted On Tron
An addition 1 billion USDT has just been minted on Tron blockchain on 28th of April, 2025 as reported by Spot on Chain on its official tweet. With this, the total supply of USDT on Tron blockchain has now touched the figure of $71.7 billion which has made it the biggest supply by chain. A total of 12 billion USDT has been minted by Tether on Tron since the 29th of Jan as per the Spot on Chain tweet.
This increase in the total supply of USDT on Tron is not only a massive milestone for Tether but it also shows the growing demand of the stablecoin in the trading markets and also in decentralized finance (DeFi). Moreover, this will also offer more liquidity to traders trading on cryptocurrency exchanges which are based on the Tron blockchain.
USDT/TRX Pair See Massive Surge Of 15%
As a result of this minting event occurred a few hours ago, the USDT/TRX trading pair also saw a massive surge of 15% in its 24 hour trading volume on major digital currency exchanges such as Binance.
The native cryptocurrency of Tron, TRX, has also witnessed a slight upsurge in its price value since this minting event has happened. Right after half an hour, the price value of TRX saw an increase of around 2.3% in its price value. This means that the minting of USDT might affect the sentiment of market on assets based on Tron blockchain.
