According to data disclosed by on-chain monitoring platform lookonchain on February 5, Tether recently issued an additional 1 billion USDT tokens on the TRON network. This issuance has drawn renewed attention to the expanding circulation of stablecoins.
Over the past three days, Tether and Circle, another major stablecoin issuer, collectively issued $3 billion worth of stablecoins, including the 1 billion USDT newly added this time. This trend reflects the growing demand for stablecoins and highlights how major issuers are adjusting liquidity in response to market conditions.
Analysts noted that stablecoin issuance is closely tied to market trading activity and investor behavior. With the recent gradual recovery of the crypto market, more investors may be choosing to enter the market using stablecoins, which could drive further growth in issuance volumes.
Trends in the Stablecoin Market
- Overall stablecoin supply continues to rise
- TRON has become a primary chain for USDT issuance
- Demand for fiat-backed digital assets is increasing
This large-scale issuance reaffirms the critical role that major stablecoins like USDT play in the digital asset ecosystem, while also providing greater liquidity support for market participants.