• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Bitcoin Exchange Reserves Reach Historic Lows

    Bitcoin Exchange Reserves Hit All-Time Lows

    BTC Exchange Reserves Hit Historical Lows, Prompting Market Watch

    Bitcoin Exchange Reserves Hit Historic Lows, Potential Supply Impact

    Bitcoin Exchange Reserves Hit All-Time Low, Indicating Supply Shock

    Bitcoin Exchange Reserves at All-Time Low in 2025

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Vitalik Buterin Plans to Scale Ethereum Tenfold by 2025

    Vitalik Buterin Plans Ethereum Scaling to 100,000 TPS

    Vitalik Buterin Plans Major Ethereum Scaling Boost

    Ripple CEO Urges Crypto Unity, Addresses Bitcoin Tensions

    Ripple CEO Calls for Crypto Community Unity

    Brad Garlinghouse Urges Crypto Unity at XRP Las Vegas

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Tether Mints $1 Billion USDT on Tron Network

Solomon M. by Solomon M.
May 6, 2025
in Altcoin News
Key Points:
  • Tether mints $1 billion USDT on Tron network.
  • Total USDT on Tron reaches $71.4 billion.
  • Tether engages with regulators for U.S. stablecoin plans.
tether-mints-1-billion-usdt-on-tron-network
Tether Mints $1 Billion USDT on Tron Network

Tether has minted $1 billion USDT on the Tron network as of May 5, 2025. This move is significant in the competitive stablecoin space.

The minting of $1 billion USDT by Tether highlights its strategic focus on expanding its stablecoin circulation, a move closely watched by market participants.

Strategic Developments and Competition

Tether, a leading stablecoin issuer, has minted $1 billion on the Tron network, increasing its total circulation. This continues the rivalry with Ethereum, which has $72.8 billion USDT, underlining the intense competition between these networks. Tether’s CEO, Paolo Ardoino, plays a key role in business development and regulation. He has announced plans to diversify offerings through an artificial intelligence platform, highlighting Tether’s intent to expand beyond just stablecoins.

“Our recent mint of $1 billion USDT on the Tron network signifies a strategic move to re-establish Tron’s dominance in stablecoin issuance.” — Paolo Ardoino, CEO, Tether, Cointelegraph

Impact on the Stablecoin Market

The mint affects the stablecoin market, raising Tron’s USDT to $71.4 billion and narrowing Ethereum’s lead. This demonstrates shifting dynamics in stablecoin distribution, potentially influencing liquidity and trading behaviors. Tether’s market dominance, with a 61% share, illustrates its significant influence. Financial audits reveal near $120 billion in U.S. Treasuries under Tether’s reserves, securing its market position despite a slight decrease from previous figures. For more on financial audits, visit Tether’s Transparency Page.

Regulatory and Market Adaptation

Tron’s increased USDT presence challenges Ethereum for network dominance. Tether’s expansion aims to maintain a competitive edge and market adaptation amidst a regulatory environment striving for clarity.

Regulatory predictions see stablecoin markets potentially rising to $2 trillion by 2028. Tether’s diversification across multiple networks and its engagement with U.S. lawmakers highlight its preparedness to adapt to regulatory changes and technological advancements. For the latest updates and news from Tether, visit Tether News Updates.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Florida Bitcoin Reserve Bills Fail in Legislature

Next Post

Binance Fuels Speculation on Potential Pi Network Listing

Solomon M.

Solomon M.

Related Posts

Vitalik Buterin Plans to Scale Ethereum Tenfold by 2025

by Solomon M.
June 2, 2025

Vitalik Buterin outlines Ethereum's 10x scalability plan, focusing on Layer-2 solutions and blob scaling.

Vitalik Buterin Plans Ethereum Scaling to 100,000 TPS

by Solomon M.
June 2, 2025

Vitalik Buterin announces plans to scale Ethereum to 100,000 transactions per second in 2025.

Vitalik Buterin Plans Major Ethereum Scaling Boost

by Solomon M.
June 2, 2025

Vitalik Buterin reveals Ethereum strategy for scaling 10X with new L1 and L2 techniques.

Ripple CEO Urges Crypto Unity, Addresses Bitcoin Tensions

by Solomon M.
June 1, 2025

Ripple's Brad Garlinghouse urges unity among XRP and Bitcoin communities during XRP Las Vegas 2025 conference.

Ripple CEO Calls for Crypto Community Unity

by Solomon M.
June 1, 2025

Ripple CEO Brad Garlinghouse emphasizes Bitcoin collaboration at XRP Las Vegas 2025.

Brad Garlinghouse Urges Crypto Unity at XRP Las Vegas

by Solomon M.
June 1, 2025

Brad Garlinghouse advocates for crypto unity, addressing Bitcoin rivalry, at XRP Las Vegas.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.