Tether prints another 1 billion USDT, the market holds its breath waiting

Tether , the largest stablecoin issuer by market Capital , issued 1 billion USDT Token on the TRON network today, adding to its issuance this month.

Blockchain tracker Whale Alert reported the transaction, just a week after a similar issuance of 1 billion on the Ethereum blockchain.

Tether Adds 1 Billion USDT

Paolo Ardoino, CEO of Tether, explained that the issuance is to “replenish the USDT treasury,” meaning Token that have been authorized but not yet issued. They are added to Tether ’s treasury to accommodate future issuance requirements and chain transitions. This approach helps ensure sufficient supply for efficient liquidation management, with Token officially issued when issued.

Typically, companies add inventory to meet expected demand. Tether 's move suggests that demand for USDT on TRON is growing, where supply is running low. As of August 19, Tether 's transparency page shows only 36 million USDT Token on TRON, all authorized but not yet issued.

In the event of a sudden surge in demand on TRON, Tether could quickly meet that demand. With today's issuance of 1 billion USDT , the stablecoin issuer's total issuance has reached $17 billion since Bitcoin hit a high above $73,000. Notably, this continuous issuance aligns with recent market rallies, fueling speculation that these issuances may be fueling the cryptocurrency market's rally.

“Everyone is talking about the global M2 boom, but I look at the total stablecoin market Capital : a new record high of over $165 billion. This implies that liquidation in the crypto market is higher,”

Julio Moreno, Head of Research at CryptoQuant, said .

Based on the chart below, the total stablecoin market Capital (blue) has increased significantly. This growth could improve cryptocurrency market liquidation , making it easier for traders to buy and sell assets. Increased liquidation could improve price stability and market efficiency, which could boost demand for other cryptocurrencies and contribute to price appreciation. On the other hand, this could also be a sign of increased risk in the market, with investors seeking safety in stablecoins amid market instability or high volatility.

In addition, Tether has launched USDT on the Aptos blockchain to improve access to the stablecoin. This move takes advantage of Aptos' advanced architecture, providing exceptional speed and scalability. This integration will also significantly reduce transaction costs thanks to low Gas Price .

“We are building a robust, institutional-grade global DeFi and payments ecosystem that emphasizes speed, decentralization, and interoperability, and leveraging Move on Aptos to make it all happen. The launch of USDT on Aptos accelerates the usability and utility of real-world value for institutions, Web3 developers, and everyday users globally,”

Bashar Lazaar, Head of Grants and Ecosystem at Aptos Foundation, said.

Once integrated, Tether will be able to issue USDT directly on Aptos, just like on TRON and Ethereum.

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