Tether Treasury Mints $1.0 Billion USDT on TRON Network

On Tuesday, August 20th, Tether Treasury minted $1.0 billion USDT on the TRON network, marking the 18th such issuance in the past year. This consistent activity underscores a growing demand for stablecoins in the crypto space and highlights TRON's reliability as a blockchain platform.

TRON's appeal lies in its lower transaction fees, reliability, and faster transaction speeds, making it a preferred choice for stablecoin transactions. Currently, the total amount of USDT on TRON stands at $61.7 billion, surpassing the $52.1 billion on Ethereum. This trend indicates a positive outlook for TRON's role in the stablecoin market.