Tether’s USDT Mints Increase on TRON Blockchain
- Tether’s minting underscores steady growth in stablecoin supply on TRON.
- TRON processed high volumes due to low fees.
- USDC edges USDT in on-chain dominance despite this mint.
Tether Inc. has minted one billion USDT on the TRON blockchain as of April 28, 2025.
The increased minting of USDT indicates an evolving stablecoin market with different blockchains competing for transaction dominance.
Minting and Strategic Focus
Tether, Inc. minted an additional 1 billion USDT on the TRON blockchain on April 28, 2025, consistent with the company’s ongoing expansion. Tether added $10 billion USDT on TRON since 2025. The TRON blockchain, led by Justin Sun, offers high throughput, low fees, surpassing Solana in daily fees earned.
TRON now hosts more than 71.7 billion USDT in over 64 million wallets. Recent data shows TRON’s dominance in stablecoin transactions, yet USDC leads in market share with 70% of transfer volumes. Solana emerged as the preferred network for USDC transactions, surpassing TRON and Ethereum starting January 2024.
The mint indicates strategic focus on TRON by Tether, enhancing liquidity and utilization. This activity supports TRON’s status as a leading blockchain by fees earned and active wallets. Exchange activity may see increased USDT adoption across platforms like HTX.
“Despite USDT’s market share falling from 43% to 25%, its total transfer volume has more than doubled, showing sustained usage in the stablecoin space.” – Industry expert (source)
USDT remains the most used smart contract on TRON, reinforcing the blockchain’s leadership in usage. This event may spotlight regulatory scrutiny over stablecoin backing amid increasing demand. Policymakers and investors remain attentive to market shifts.
Analyzing historical trends, USDT’s market share decrease contrasts with Solana’s rise for USDC. This dynamic shift reflects changing participant preferences and could invite regulatory and technological scrutiny across the crypto industry.
