Tether mints another $1,000,000,000 USDT on Justin Sun’s Tron blockchain: TRX traders could profit

Source Fxstreet
  • Tether, the world's largest stablecoin issuer, mints another $1 billion worth of USDT on the Tron blockchain on Friday.
  • Large stablecoin inflows during a market rally often indicate fresh buying pressure.
  • As investors brace for US and China inflation reports, tokens like BNB, BGB and TRX could benefit from the volatile market swings. 

Fresh $1B USDT Issuance signals liquidity surge on Tron network

Tether, the world’s largest stablecoin issuer, has minted another $1 billion worth of USDT on the Tron blockchain, according to Whale Alert data published Friday.

This issuance pushes Tether’s total USDT supply on Tron past $50 billion, reinforcing its dominance within the stablecoin sector.

Tether USDT mints $1B worth of USDT tokens on Justin Sun’s Tron blockchain network | Source: Tronscan


However, timing of Tether’s latest mints—just ahead of crucial macroeconomic reports from both the U.S. and China—suggest it could be linked to traders looking to enter crypto positions to capitalize on potential short-term gains.

On the flip side, the $1 billion inflow could also provide firepower to scoop the dip if hawkish inflation indicators emerge from any or both of the world’s two largest economies on Thursday. 

Notably the inflows coincided with Bitcoin price which briefly surpassed $83,600 after former U.S. President Donald Trump announced a rollback of the global tariffs. With CPI and PPI data looming, Tether’s $1 billion liquidity injection could provide directional momentum, depending on the outcome of each. 

Tron On-chain metrics heat up as Tether mints another  $1B in USDT 

Tron’s blockchain fundamentals are flashing bullish signals, supported by a raft of intense on-chain activity amid the market turbulence.

On Wednesday, on-chain data from Tronscan shows that Tether’s the world’s largest stablecoin issuer executed another $1 billion USDT issuance on the network.

This aligns with the dominant narrative that investors begin to re-allocate capital towards crypto risk assets. 


Tron (TRX) On-chain data analytics, April 10  | Source: Tronscan


Validating this stance, Justin Sun’s Tron network expansion has accelerated significantly. According to real-time data from Tronscan, new TRX accounts surged by 224,300 in just 24 hours, bringing the cumulative count to 299.63 million. This uptick emphasizes rising user adoption and increased stablecoin activity as market turbulence heightens. 

More importantly, Tron’s daily transaction count increased by 8.5 million, pushing the total number of all-time transactions past 10.07 billion. Simultaneously, the Total Value Locked (TVL) climbed 4.8% to $19.33 billion, reflecting a meaningful injection of new capital into the Tron DeFi ecosystem.

These headline metrics are further supported by deeper liquidity indicators. Over a 24-hour period, Tron’s transfer volume surged by $26.89 billion, lifting cumulative transfer volume to an impressive $17.68 trillion. This suggests capital is actively moving within the ecosystem—not just parked—which typically precedes demand pressure for TRX.

In essence, TRX supply-side dynamics paint a picture of tightening supply and enhanced investor sentiment after Trump’s decision to pause tariffs imposed on all US’ trade partners, except China. 


TRX price primed for breakout amid liquidity wave

Historically, fresh stablecoin issuance—especially on Tron—has preceded surges in TRX and other related tokens. Much of the newly minted USDT fuels cross-border transfers, OTC desk settlements, and DeFi lending, all of which incur TRX gas fees.

Hence, periods of intense market volatility with traders rotating in and out of stablecoins often generate significant traction for the TRX token holder incentives, resulting in persistent buy pressure. 

Tron (TRX) Price Action, April 10 | Source: Coingecko

Tron (TRX) Price Action, April 10 | Source: Coingecko

With TRX price up 4.5% at press time on Thursday, trading at $0.2831 and 24-hour trading volume reaching $946 million, market sentiment is beginning to align with the on-chain strength.

Moreover, exchange balances for TRX have declined sharply in the past 48 hours, as investors migrate tokens to private wallets or stake them—another signal of reduced sell-side pressure and long positioning.

If upcoming macroeconomic data confirms dovish inflation trends, TRX may break through short-term resistance near $0.135, a level not seen in 30 days. This could see current TRX holders earn another 4.7% profit in the near term.


Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
AUD/USD: Current price action is likely the early stages of a recovery – UOB GroupAustralian Dollar (AUD) is likely to trade in a sideways range between 0.6220 and 0.6290. In the longer run, current price action is likely the early stages of a recovery phase that could potentially reach 0.6350, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
Author  FXStreet
Jan 22, Wed
Australian Dollar (AUD) is likely to trade in a sideways range between 0.6220 and 0.6290. In the longer run, current price action is likely the early stages of a recovery phase that could potentially reach 0.6350, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
placeholder
Five bullish Shiba Inu (SHIB) Price Predictions for April 2025SHIB price targets diverge as investors weigh Shibarium L3 upgrades, burn-rate surges, and altcoin market sentiment. Forecasts range from a conservative $0.000012 to a parabolic $0.00030.
Author  FXStreet
Apr 16, Wed
SHIB price targets diverge as investors weigh Shibarium L3 upgrades, burn-rate surges, and altcoin market sentiment. Forecasts range from a conservative $0.000012 to a parabolic $0.00030.
placeholder
Ethereum Price Stays Resilient — Upside Break May Be AheadEthereum price started a downside correction below the $1,780 level. ETH is now consolidating near the $1,800 zone and might aim for a move above $1,820.
Author  NewsBTC
Yesterday 03: 52
Ethereum price started a downside correction below the $1,780 level. ETH is now consolidating near the $1,800 zone and might aim for a move above $1,820.
placeholder
Gold price slides back closer to $3,300 amid tariff deals optimismGold price (XAU/USD) struggles to capitalize on the previous day's bounce from the vicinity of the $3,265-3,260 pivotal support and attracts fresh sellers during the Asian session on Tuesday.
Author  FXStreet
21 hours ago
Gold price (XAU/USD) struggles to capitalize on the previous day's bounce from the vicinity of the $3,265-3,260 pivotal support and attracts fresh sellers during the Asian session on Tuesday.
placeholder
EUR/USD ticks lower despite uncertainty over US-China tradeEUR/USD edges lower to near 1.1400 during European trading hours on Tuesday. The major currency pair ticks lower as the US Dollar (USD) steadies, but remains broadly on edge amid escalating uncertainty about the trade outlook between the United States (US) and China.
Author  FXStreet
18 hours ago
EUR/USD edges lower to near 1.1400 during European trading hours on Tuesday. The major currency pair ticks lower as the US Dollar (USD) steadies, but remains broadly on edge amid escalating uncertainty about the trade outlook between the United States (US) and China.
Related Instrument
goTop
quote