Tron Nears Ethereum in USDT Circulation with $1B Mint

Tron Nears Ethereum in USDT Circulation with $1B Mint

Tether has minted an additional $1 billion in USDT on the Tron blockchain, bringing Tron's total USDT circulation to $71.4 billion. This positions Tron just $1.4 billion behind Ethereum's $72.8 billion USDT supply, signaling a potential shift in stablecoin dominance. Historically, Tron surpassed Ethereum in USDT circulation between July 2022 and November 2024. However, a significant $18 billion mint on Ethereum in late 2024 reestablished its ...

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