Stablecoin giant Tether has just injected another $1 billion worth of USDT into the Tron network, bringing the total minted on Justin Sun’s blockchain in 2025 alone to an impressive $8 billion. The data, shared by Lookonchain on X, highlights the ongoing expansion of the market’s leading stablecoin.
Tether Ramps Up Issuance on Tron
Interestingly, around the same time Tether minted more USDT on Tron, the company also burned $1 billion in tokens previously issued on the Ethereum network.
This simultaneous activity across different blockchains reflects Tether’s dynamic strategy for managing USDT circulation.
The impact was also felt in the price of TRX, Tron’s native token, which rose 1.8% at the time of writing—outpacing Bitcoin’s 0.8% gain and Ethereum’s 0.2% decline. The data suggests a positive market reaction to Tether’s growing presence on the Tron network.
Currently, Tether has $72 billion worth of USDT issued on Ethereum, maintaining its lead as the primary blockchain for the stablecoin. Tron comes second, with $67 billion in USDT in circulation.
- Use the binance referral id and receive a welcome bonus when signing up to buy crypto.
Tether also issues USDT on other blockchains, including Solana, Ton, and Avalanche—demonstrating the company’s wide footprint in the digital asset ecosystem.
In a recent statement, Tether CEO Paolo Ardoino revealed that the company is seriously considering launching a new U.S.-domiciled stablecoin aimed at full compliance with upcoming U.S. regulations.
Ardoino added that while USDT is ideal for emerging markets, Tether sees a growing need for a dedicated product to serve the demands and regulatory landscape of the U.S. market.
“We need two products with two different value propositions,” said the CEO, hinting at Tether’s next strategic moves in the competitive stablecoin space.