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$1 Billion USDT Minted on TRON: Major Implications Ahead!

$1 Billion USDT Minted on TRON: Major Implications Ahead!

The post $1 Billion USDT Minted on TRON: Major Implications Ahead! appeared first on Coinpedia Fintech News

On October 29, $1 billion USDT was minted on the TRON network, marking the 14th issuance this year. This action has increased the total supply of USDT on TRON from about $48.8 billion to around $62.8 billion. According to CryptoQuant analyst Maartunn, this massive minting reflects a growing demand for stablecoins and highlights increasing activity on the TRON platform. He notes that such a significant issuance could indicate a rising interest in using USDT for transactions and investments, potentially impacting the broader cryptocurrency market.

Read more: https://coinpedia.org/crypto-live-news/1-billion-usdt-minted-on-tron-major-implications-ahead/

Text source: Coinpedia – Fintech & Cryptocurreny News Media| Cr

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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