
Tether mints another $1B USDT on Tron
Tether expanded its stablecoin supply again after minting another $1 billion of USDT on the Tron blockchain.
Blockchain analytics platform Onchain Lens reported the latest mint on May 11, bringing Tether’s total new USDT issuance to roughly $6 billion over the past three weeks.
The mint arrived as crypto trading activity accelerated across major exchanges and Bitcoin maintained strong momentum, with traders often viewing large stablecoin issuances as signals of rising liquidity demand.
Tether Chief Executive Paolo Ardoino described the latest issuance as an inventory replenishment, stating the newly created tokens remain authorised but unissued for future liquidity needs, exchange inventory and chain swaps.
The company also burned $2 billion USDT on Ethereum during the same three-week period, indicating broader treasury management activity rather than unchecked stablecoin expansion.
Tron has increasingly become one of Tether’s preferred networks for USDT issuance because of its lower transaction fees and faster settlement speeds compared with some competing blockchain networks.
Tether recently disclosed more than $1 billion in first-quarter 2026 profit alongside holdings exceeding $141 billion in US Treasuries, while also maintaining reserves in Bitcoin and gold.
At the time of reporting, Ethereum price was $2,312.49.