According to Foresight News, blockchain analytics firm ChainArgos reported that Tether has issued a net total of 39.8 billion USDT on the Ethereum and Tron chains over the past month. This equates to an average daily issuance of approximately $132 million, with nearly $200 million being issued on each working day.
The significant increase in Tether's issuance highlights the growing demand for stablecoins in the cryptocurrency market. As a popular choice for traders and investors, USDT provides a stable store of value and an efficient means of transferring funds between different platforms and exchanges. The expansion of Tether's presence on both Ethereum and Tron chains demonstrates its commitment to meeting the needs of the rapidly evolving digital asset ecosystem.
