Stablecoin issuer Tether has minted another 1 billion USDT tokens on the Tron network.
This brings the total USDT minted in the last year to $33 billion. Blockchain data shows that Tether minted $1 billion of its Tether tokens on the Tron network and sent them to its treasury wallet on August 20.
According to the onchain analytics platform Lookonchain, the “Tether Treasury” wallet has minted $33 billion in stablecoin tokens in the past year.
Of this, 19 billion USDT tokens were minted on the Tron network, while 14 billion tokens were created on the Ethereum blockchain.
