TRX Rallies 2.36% as 1 Billion USDT Minting Fuels Stablecoin Surge and Investor Demand

TRXUSDT has seen a 2.36% price increase over the last 24 hours, rising from 0.2800 to 0.2866 on Binance. This upward movement is primarily attributed to the recent minting of 1 billion USDT on the Tron network, which boosted stablecoin inflows to $931.7 million and raised Tron's stablecoin market cap above $80.2 billion. Strong investor interest, reflected in a robust 24-hour trading volume of approximately $631 million and a circulating supply of 94.68 billion TRX, has supported the price. TRON’s resilience amid broader market volatility and its growing role in the stablecoin sector have helped the asset maintain a stable position, with current trading activity concentrated between $0.2767 and $0.2831 in the last 24 hours.