Tether Treasury minted 1 billion USDT on the Tron network earlier today, bringing its total circulating supply to 120.5 billion USDT. According to available data, 51.23% of this supply (61.73 billion USDT) is circulating on the Tron network and 45.2% (54.46 billion USDT) on the Ethereum network. The minting of new stablecoins increases liquidity by facilitating the transition of investors into cryptocurrency markets, and experts say that this move supports the flow of new capital into crypto assets, especially Bitcoin.
The growing supply of stablecoins is keeping market interest buoyant and further cementing Tether's dominance over Tron. At a time of high demand for stablecoins, Tether's supply expansion could support buying demand, increasing market liquidity and having a positive impact on crypto prices.
