The company Tether, which is the issuer of the stablecoin USDT, announced the release of an additional 2 billion coins on the TRON network. At the time of publication, the market capitalization of USDT stands at 145 billion dollars, with its market dominance reaching 61.75%.
This is reported by Finway
Details of the USDT Issuance
On April 21, 2025, the Whale Alert platform reported that Tether replenished its reserves by 1 billion USDT. The following day, another 1 billion stablecoins were issued, which in total increased the company’s reserves by 2 billion USDT over the two days.
Comments from the CEO of Tether
“1B USDt inventory replenish on Tron Network. Note this is an authorized but not issued transaction, meaning that this amount will be used as inventory for next period issuance requests and chain swaps.” — Paolo Ardoino (@paoloardoino) April 22, 2025
Tether’s CEO Paolo Ardoino also noted on the social media platform X (formerly Twitter) that the volume of stablecoins based on TRON and Ethereum is currently authorized but not yet issued. These funds are intended for future issuance or swaps between blockchains.
At the time of writing, the market capitalization of USDT exceeds 145 billion dollars, and its market dominance is 61.75%, according to data from DeFiLlama. In early April 2025, it was reported that Tether plans to create a new stablecoin in case of restrictions in the United States.