USDT balance on TRON nears all-time high

The balance of the stablescoin of Tether, the most important in the world by market share, has reached summits almost all time on the Tron network.

The data show the attachment offer (USDT) on the Tron (Trx) The network increased following two notable mints of $ 1 billion in last week. This pushed the supply of the stablecoin to circulation on a ton to its highest recorded level.

Cryptoque analyst Ja Marketun highlighted The trend on February 7, noting on X that the increase in the USDT on Tron suggests growing demand. This could be due to the activity of the market -based market or a wider need for liquidity.

“During last week, two $ 1.0 billion mints were recorded, which brought the total offer closer to its highest level of all time. The current USDT offer on Tron is 61.7 billion dollars, “noted the analyst.

Significantly important mints often indicate one of the two things: either the market is experiencing increased commercial activity, or institutional participants make significant movements.

Tether struck $ 1 billion or more in USDT on a tron ​​several times, often aligning on peaks at Bitcoin and Altcoin prices. On January 6, 2025, the USDT transmitter announced a chain exchange of $ 1 billion in other networks of Blockchain in Tron.

Although the chain’s swap did not have an impact on the USDT’s overall supply, it highlighted the growing demand for stablecoin on the network powered by TRX. In several cases, the price of a tron ​​has increased alongside USDT Mixes and Transactions On the blockchain.

Beyond Ethereum and Tron, USDT native is also available on Solana and Ton.

In particular, Tron exceeded Ethereum to become the second largest network depending on the fee. By Token terminalTether remains the largest lifting.

An update year, the USDT transmitter has received more than $ 470 million in fees, before $ 330 million of Tron and 324 million dollars in Jito. Solana, with $ 278 million, and Circle, with $ 186 million, ranked Ethereum, which has generated $ 172 million in fees so far this year.