Tether Strengthens USDT Reserves on Tron 

Tether regularly reinforces its reserves to maintain the peg of USDT to the US dollar. By holding the newly minted tokens in reserve, it ensures users can redeem their USDT for dollars when needed. Every USDT in circulation is backed one-to-one by assets held by Tether. 

The recent $2 billion issuance was conducted exclusively on the Tron network, highlighting Tron’s advantages in transaction speed and low fees. This network offers a favorable environment for users handling large transfers. Additionally, Tether distributes USDT across multiple blockchains, including Tron and Ethereum, enhancing flexibility for both users and crypto exchanges. 

USDT Supply on Tron Exceeds $80 Billion 

According to CryptoQuant, the total USDT supply on the TRC-20 network has surpassed $80 billion. This figure demonstrates ongoing growth on Tron, even during the slow market periods of 2022 and 2023. Tron’s USDT supply grew from $6.71 billion in 2021 to $39.41 billion, and from $59.76 billion in early 2025 to $80.76 billion recently. 

On November 13, 2024, Tron surpassed Ethereum in total circulating USDT for the first time. This milestone shows investors prefer Tron for faster and cheaper transactions. The latest $2 billion issuance further underscores Tether’s confidence and strategic focus on Tron. 

PSA: 1B USDt inventory replenish on Tron Network. Note this is an authorized but not issued transaction, meaning that this amount will be used as inventory for next period issuance requests and chain swaps.

— Paolo Ardoino (@paoloardoino) June 22, 2025

According to Paolo Ardoino, these USDT tokens are held in Tether’s treasury as inventory. This stockpile is prepared for future issuances and cross-chain swaps, enabling quick responses when users or exchanges want to swap USDT across networks. 

Significant USDT Inflows to Exchanges 

Following the new issuance, stablecoin inflows to centralized exchanges have surged. Notably, HTX Global received $1.24 billion in net stablecoin inflows within hours. CryptoQuant notes such inflows typically trigger increases in spot and derivatives markets, possibly signaling short-term price volatility in the crypto market. In conclusion, the timing of this large issuance strengthens expectations of an upward market movement. Increased stablecoin liquidity points to potential capital flows into cryptocurrencies like Bitcoin. 

Tether has acquired a 10.7% stake in Juventus, one of Italy’s leading football clubs. This investment, valued at approximately 128 million euros, highlights Tether’s aim to gain a seat on the club’s board of directors and participate in future capital increases. This move is seen as a significant indicator of Tether’s strategic ventures into the sports industry, particularly the world of football.

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New President Acts Fast On Stablecoin Promise

Following his recent election win, President Lee Jae-myung has wasted no time delivering on campaign pledges around crypto. His ruling Democratic Party has introduced the “Digital Asset Basic Act,” aiming to permit the issuance of domestic stablecoins and foster a transparent, competitive crypto landscape.

Under the proposal, local companies will be allowed to issue stablecoins if they have a minimum equity capital of 500 million won ($368,000). Issuers must also maintain reserves to back the coins and receive approval from the Financial Services Commission, South Korea’s top financial regulator.

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The legislation seeks to legitimize stablecoin markets and drive broader adoption by ensuring regulatory clarity and investor protection.

Crypto Gains Mass Appeal Across South Korea

Interest in Bitcoin and stablecoins has soared in South Korea. In Q1 of 2024 alone, transactions involving major U.S. dollar stablecoins totaled 57 trillion won ($42 billion) across the country’s five leading exchanges, according to Bank of Korea data.

An estimated one-third of the South Korean population—around 18 million people—is now involved in the crypto market. Building on this momentum, President Lee is also pushing for Bitcoin ETF approvals and the inclusion of Bitcoin in the national pension fund’s investment strategy.

However, these ambitions face resistance from the Bank of Korea, which argues that private stablecoins could undermine the effectiveness of monetary policy.

Crypto Law Boosts Stocks, But Not Without Skepticism

Anticipation around the bill has already impacted financial markets. Shares in digital wallet provider KakaoPay surged up to 45% in five days following the announcement. Still, JPMorgan analysts caution that the rally may be premature, with real benefits from the legislation yet to materialize.

Despite the uncertainty, South Korea’s proactive legislative push sets a bold precedent in Asia’s ongoing crypto regulatory race.

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