Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

TON Offers UAE Golden Visa for $100K Stake, Changpeng Zhao (CZ) Says “Too Good to Be True”

July 7, 2025

Pi Network Price Prediction 2030: Analyst Predicts Pi Coin Could Hit $1,000

July 7, 2025

Toncoin Expands Listing Reach While Lightchain AI Expands Organic Watchlist Placement Across Forums

July 7, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

How massive USDT mints on Tron, Ethereum impacts market dynamics

0
By Aggregated - see source on November 3, 2024 Altcoin
Share
Facebook Twitter LinkedIn Pinterest Email
  • $1 billion USDT mints on TRON and Ethereum are fueling liquidity and aligning with bullish sentiment across the market.
  • Onchain data shows strong optimism, with 11.83% of holders profiting, reinforcing Tether’s role as a liquidity anchor.

The recent surge in Tether [USDT] minting has pushed Tether’s circulating supply to new highs, with a fresh $1 billion mint on TRON bringing the stablecoin’s supply from $48.8 billion to nearly $62.8 billion. 

This ongoing trend across TRON and Ethereum reflects a growing demand for liquidity in the market. However, these issuances directly impact market dynamics, influencing trading sentiment, liquidity, and price stability.

TRON has become a major driver in Tether’s growth, holding 51% of USDT’s $120 billion supply, with Ethereum closely following at 45%.

Therefore, these networks are essential for sustaining liquidity in the crypto ecosystem. Large mints, such as the recent $1 billion issuance on Ethereum, align with Tether’s strategy of maintaining reserves to meet sudden liquidity demands. 

The effect of previous USDT mints on market dynamics

The recent TRON mint is not the first to attract market attention. In September, Tether minted $1 billion on Ethereum, drawing speculation about future market moves. Some viewed it as a bullish indicator, while others saw it as a routine inventory adjustment. 

Nevertheless, past mints have frequently aligned with bullish sentiment. Analysts observe that these issuances often coincide with increased trading volumes, as traders see them as signals of rising liquidity and potential gains.

Current onchain data supports the optimism surrounding recent USDT mints. The “In the Money” metric indicates that 11.83% of Tether holders are currently profiting, reflecting bullish sentiment. 

Meanwhile, metrics like net network growth, concentration, and large transactions remain neutral, suggesting a stable but optimistic outlook.

As more holders stay “In the Money,” market confidence in Tether grows, anchoring its role as a primary liquidity provider.

USDT on-chain signals

Source: IntoTheBlock

Can Tether’s peg stability endure the expanding supply?

While USDT’s $1 peg provides stability, rapid supply growth could challenge this equilibrium during volatile conditions. Tether’s market dominance, now at about 5.30%, shows signs of moving toward the 5.47% resistance level. 

This rising dominance supports the peg in bullish conditions. However, a sudden downturn could test Tether’s ability to hold the peg, especially as the larger supply introduces added volatility.

USDT market dominance USDT market dominance

Source: TradingView

Tether’s ongoing surge in mints across TRON and Ethereum emphasizes its role as a primary liquidity provider. Each issuance strengthens market liquidity and reflects heightened demand from key players.

Onchain signals support a bullish outlook, with a significant number of holders “In the Money.”

Nonetheless, Tether’s ability to maintain peg stability amid expanding supply will be essential, especially during downturns.

 

 

Next: TON positioned for 40% rally: Will whales tip the scales?

Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

TON Offers UAE Golden Visa for $100K Stake, Changpeng Zhao (CZ) Says “Too Good to Be True”

July 7, 2025

Pi Network Price Prediction 2030: Analyst Predicts Pi Coin Could Hit $1,000

July 7, 2025

Toncoin Expands Listing Reach While Lightchain AI Expands Organic Watchlist Placement Across Forums

July 7, 2025
Leave A Reply Cancel Reply

What's New Here!

TON Offers UAE Golden Visa for $100K Stake, Changpeng Zhao (CZ) Says “Too Good to Be True”

July 7, 2025

Pi Network Price Prediction 2030: Analyst Predicts Pi Coin Could Hit $1,000

July 7, 2025

Toncoin Expands Listing Reach While Lightchain AI Expands Organic Watchlist Placement Across Forums

July 7, 2025

Best Crypto to Buy Now for 2025 Gains, Mutuum Finance (MUTM) Could Follow Binance Coin (BNB)’s Explosive Path

July 7, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.