Yeliz Akmaca 
Tether is accelerating its USDT issuance on the Ethereum and TRON networks in response to rapidly growing stablecoin demand. Over the past three days alone, Tether minted $2 billion USDT on Ethereum and $1 billion USDT on TRON. However, a Bitrace report highlights that illegal activities are increasingly concentrated on these networks. Meanwhile, Ethereum is consolidating around $1,800, and TRON faces downside risks.
Tether USDT Issuance Peaks on Ethereum and TRON
Tether is ramping up its minting operations to meet rising demand for stablecoins. According to data from Spot On Chain, the company minted $2 billion USDT on Ethereum and $1 billion USDT on TRON in just the past three days. Moreover, the USDT supply on TRON has reached $71.71 billion, making it the leading network by supply. Additionally, Tether has minted a total of $12 billion USDT on TRON in 2025 so far, indicating rapid adoption of stablecoins.
Spot On Chain stated on Monday:
“The total supply of USDT on TRON has now reached $71.71 billion, making it the largest supply among all chains.”
Crypto Crimes Surge on Ethereum and TRON
Bitrace’s crypto crime report clearly shows that illegal activities are intensifying on the Ethereum and TRON networks. For instance, high-risk addresses collected $649 billion in 2024, marking a slight increase compared to 2023. The report also highlights that stablecoins (ERC20_USDT, TRC20_USDT, ERC20_USDC, TRC20_USDC) are frequently used in illicit transactions. As a result, Ethereum and TRON have become key hubs for criminal activity.
Ethereum Price Consolidates at $1,800
Ethereum is trading around the $1,800 level. Bulls are trying to break the $1,860 resistance created by the 50-day EMA. The RSI indicator stands at 55.38, placing it in the neutral zone. Bulls still maintain control. A breakout above $1,860 could drive momentum toward the $2,000 resistance level. Otherwise, the price may remain within a descending channel.
TRON Faces Downside Risks
TRON is under pressure as its RSI indicator falls below the 50 level. Growing downside risks are pushing investors to adopt a cautious stance. Despite increased stablecoin demand, TRON’s technical indicators are weakening. If TRON loses support at the 50-day EMA, bulls will look for support near $0.23 at the 100-day EMA. However, if losses accelerate, prices may test critical support around $0.22, where the 200-day EMA intersects. These levels will be crucial in determining TRON’s direction.
How Is Tether’s Issuance Activity Impacting the Market?
Tether’s USDT minting increases market liquidity and trading volume. However, reports of illegal activity raise concerns. High-risk addresses on Ethereum and TRON are attracting attention from regulatory agencies. As a result, investors are closely analyzing how these developments may impact prices.
What’s Happening on Ethereum and TRON?
In conclusion, Tether’s aggressive USDT minting highlights strong stablecoin demand. The Bitrace report underscores rising illicit activity on Ethereum and TRON. While Ethereum tests the $1,860 resistance level, TRON continues to struggle with growing downside risks.
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