Yahya 
Tether mints $1 billion USDT on Tron amid growing demand, boosting total issuance to $17 billion since Bitcoin’s latest surge.
On the Tron blockchain today, Tether—the biggest stablecoin by market capitalization—minted USDT tokens valued $1 billion. Blockchain watchdog Whale Alert claims that a comparable minting on Ethereum was reported one week later.
Tether’s CEO, Paolo Ardoino, clarified that this minting is a “inventory refresh,” so the tokens have been approved but not yet released. These coins are included into Tether’s inventory for chain swaps and future issuing needs, therefore ensuring enough supply for efficient liquidity control. The tokens are put into use once formally issued.
Usually, businesses replace their inventory to satisfy expected demand. Tether’s action points to a rising USDT demand on Tron, where supply had been declining. Tether’s transparency website as of August 19 showed only $36 million in approved but unissued USDT tokens on Tron.
Should a demand spike arise suddenly, Tether can react right away. Since Bitcoin exceeded $73,000, Tether’s overall issuing has totaled $17 billion including today’s $1 billion mint. This continuous minting has spurred conjecture that these issuances might be fuelling market momentum.
Head of Research at CryptoQuant Julio Moreno said, “While everyone speaks about the worldwide M2 boom, I am looking at the overall stablecoin market cap: a new all-time high exceeding $165 billion. Higher liquidity in the crypto markets follows from this.
Elsewhere, Tether started USDT on the Aptos blockchain using its sophisticated design, speed, scalability, cheap transaction fees to improve accessibility.
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