Tether Mints $2 Billion USDT on Ethereum

Tether CEO Paolo Ardoino confirmed minting $2 billion USDT on the Ethereum network on September 4, 2025, following a Binance-initiated cross-chain swap from Tron to Ethereum.

This mint signals potential increased market liquidity and institutional demand, influencing Bitcoin and Ethereum trading dynamics.

Tether has minted an additional $2 billion USDT on the Ethereum network, confirmed by CEO Paolo Ardoino. This action follows a cross-chain swap initiated by Binance, moving USDT from Tron to Ethereum.

Involved parties include Tether, Binance, and the Ethereum network. The minted USDT remains as inventory and does not enter circulation immediately. “Inventory replenishment mints like these are common and do not immediately increase circulating supply; they are prepared for future chain swaps and institutional demand.” – Paolo Ardoino, CEO, Tether. Swap preparations and future institutional demand drive the move, according to Ardoino.

The market impact includes potential changes in liquidity and trading volumes for Bitcoin and Ethereum pairs. The increased supply supports potential trading activities but does not yet affect total value locked (TVL) in DeFi.

Financial shifts in stablecoin supply and exchange activity are expected. Tether’s mint joins a recent rise in stablecoin issuance, often correlated with bullish momentum in cryptocurrency markets.

Historically, Tether mints lead to brief BTC and ETH rallies. Past $2 billion mints aligned with recovery phases in Bitcoin’s price action, suggesting potential positive market dynamics.

Insights indicate possible financial outcomes, including increased trading activity and shifts in market visibility for stablecoins and DeFi protocols. Whale activity and liquidity signals further underscore monitored effects.