Why Tether (USDT) Moves $1 Billion in Just 24 Hours?

Quick Summary:

Stablecoin giant Tether has once again sent shockwaves across the crypto market by minting a staggering 1 billion USDT on the Tron network.

This mover by the entity primarily aims to boost up liquidity and provide funds for future developments on one of the most renowned blockchains across the globe.

Justin Sun’s blockchain has emerged as a hotspot for USDT transactions, mainly as it offers lower transaction fees and quicker transaction times as compared to its rivals.

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Article Details

Category: Crypto

Markets: India

Topics: Tether USDT Altcoin News Tron (TRX) News 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-28 @ 14:14:03 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 373 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28265319

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 28 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

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