The post $2B USDT Minted on the Tron Network as Daily Transactions Surge 95% appeared on BitcoinEthereumNews.com.

The Justin Sun-owned Tron network has recorded an increase in on-chain activities as users and liquidity demand see a massive uptick. After being under the radar for a prolonged period, the Tron network seems to be finding its footing again. Recent activities have suggested renewed traction towards the ecosystem, which is evident in user influx and liquidity provision. Tron Network’s Daily Transaction Up 95% CryptoQuant’s Maartunn recently highlighted an impressive uptick in daily transactional activities on the Tron network. The Tuesday commentary shows that the 30-day daily transaction moving average has increased from early 2024 to mid-May 2025. Specifically, the numbers grew from 4.3 million to 8.4 million in the aforementioned timeframe, culminating in a 95% uptick. Notably, there were average transaction spikes on some days, like October 20, 2024’s jump to 10.46 million and May 15, 2025’s upsurge to 9.47 million. Tron 30D Average Daily Transaction However, the 30-day moving average sieved the spikes and presented a clear picture of the network’s actual activities. Meanwhile, Maartunn stressed that the glaring traction, possibly steered by factors like growing user interaction and increased stablecoin transfers, indicates stable and increasing user influx to the Tron network. Tether Mints $2B on the Tron Network Market intelligence platform Arkham reported minting activity between the Tether Treasury and the Tron network. The prominent stablecoin issuer created and moved 2 billion USDT from its “Black Hole Address” to the Tether multisignature wallet over two distinct transactions before deploying the tokens on Tron. Tether $2B Minting on Tron As usual, Tether’s CEO, Paolo Ardoino, confirmed the transaction, noting it is authorized but not issued, specifically for inventory replenishment on the Tron network. However, Tether’s transparency page shows that the minted USDT is already in circulation, as just $126 million is left in that category, signaling rapid demand…

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Filed under: News - @ May 21, 2025 11:24 pm