💹 Tether Latest Update: USDT Reaches New Milestone!
1️⃣ Surge in ON-CHAIN Issuance on TON
According to Tether's transparency page, the authorized issuance of USDT on the TON blockchain has surpassed $1.4 billion, reaching $1,429,976,002.51!
Authorized but Unissued Amount: Approximately $211,387,807.26 Net Circulation Amount: Approximately $1,218,588,195.25
This milestone highlights the rapid growth of USDT demand on the TON chain and marks further expansion of stablecoins in emerging chain ecosystems.
2️⃣ USDT Market Cap Hits New High
According to CoinGecko data, USDT's global market cap briefly exceeded $140 billion today, hitting a historical high! Currently reported at $139,735,518,669, showcasing Tether's dominance in the stablecoin sector.
Three Reasons for USDT's Dominant Position
💡 Cross-Chain Support: USDT's multi-chain layout (like Ethereum, Tron, TON, etc.) keeps its liquidity and availability ahead of the curve.
💡 Strong Market Demand: Amid increasing volatility in traditional markets, investors' demand for stablecoins as a safe haven continues to grow.
💡 Innovation and Transparency: Tether's increased transparency and frequent updates on reserve data have enhanced market trust.
🔮 Outlook: Can the TON chain become a new driving force in the USDT ecosystem?
The rapid rise in stablecoin demand on the TON chain indicates that emerging chains may capture more market share in the future. Moving forward, the ecological development of TON will directly impact its attractiveness for USDT and other stablecoins.
📢 What are your thoughts on USDT's continued growth? Will TON become the next breakout point? Feel free to leave comments for discussion!
