Tether Mints 1 Billion USDT on Tron Network

Tether Treasury minted 1 billion USDT on the Tron network at 10:05 UTC on March 1, 2025, as confirmed by Whale Alert.

The minting serves as inventory replenishment for future transactions and has slightly impacted cryptocurrency prices, reflecting market confidence in Tron as a blockchain platform.

Tether Mints 1 Billion USDT on Tron

Whale Alert, a prominent blockchain tracking site, reported that Tether Treasury minted 1 billion USDT on Tron, a transaction confirmed by CEO Paolo Ardoino.

Paolo Ardoino, CEO, Tether, confirmed the transaction on Twitter on March 1, 2025:

“Tether has authorized but not issued 1B USDT on Tron network. This is inventory replenishment for future issuance requests and chain swaps. These tokens are not in circulation until a corresponding amount of fiat is received.”

Tether Minting Update

This mint on March 1, 2025 was previously authorized.

Tether’s CEO emphasized that the minting is to serve upcoming issuance requests and chain swaps. He stated that these USDT tokens are not yet in circulation, ensuring control and transparency.

USDT and TRX Price Changes Post-Minting

The latest price data indicates that USDT is currently trading at $1.0002, while Tron increased to $0.1205, demonstrating a consistent upward trend. This market movement aligns with historical performances, showing reliability.

Experts suggest that this minting further endorses Tron’s efficiency and popularity. Justin Sun commented on the network’s low fees and said it’s an attractive option for stablecoin transactions, reflecting positive sentiment.

February Issuance Highlights Tron Demand

In February 2025, a similar USDT issuance occurred on Tron, showing persistent demand for USDT on Tron network. These patterns highlight growing trust in Tron as a stablecoin platform.

Experts view the transaction as a reinforcement of market trends favoring blockchain efficiency and low-cost operations. They underscore the strategic positioning of Tron to capture stablecoin market share.

Paolo Ardoino Shares Insights on Blockchain Technology