Tether Issues Another Billion USDT on the Ethereum Network
Date: 2025-07-07 Author: Henry Casey Categories: BUSINESS
On July 3, 2025, Tether officially approved the issuance of another billion USDT on the Ethereum network. This event occurred less than three weeks after the previous similar replenishment of reserves on June 18. According to Tether CEO Paolo Ardoino, in a post on the social network X (former Twitter), these tokens are only authorized for issue, but have not yet been issued. He clarified that the coins can be used for future issues or for exchanges between different blockchains, which emphasizes the flexibility of the company in managing liquidity.
At the time of the news, the total capitalization of the USDT stablecoin is about $ 158 billion. At the same time, Tether holds a significant part of the stablecoin market with a share exceeding 62%. These indicators confirm the high demand for USDT as a tool for trading and storing value in the cryptocurrency ecosystem.
In addition, the head of the company noted earlier that Tether plans to become the largest Bitcoin miner by the end of 2025, which can significantly affect the dynamics of the cryptocurrency market and increase the company's position in the industry.
USDT continues to be one of the key players in the stablecoin field, providing stability and liquidity in the face of high volatility of cryptocurrencies. The release of new tokens in Ethereum reflects the growing needs of users and the scaling of the Tether platform on a global scale.
This step demonstrates the company's desire to maintain the sustainability and reliability of its products, as well as adapt to changing market conditions. In the face of constantly growing demand for digital assets, Tether maintains a leading position, actively developing the ecosystem and expanding the possibilities of interaction between different blockchains.
Thus, the fresh release of USDT in the Ethereum network has become another confirmation of Tether's intentions to strengthen its presence and provide stable solutions for millions of users around the world.
