Tether $1B USDT Floods Tron, USDC Volume Skyrockets

Tether has minted an additional $1 billion in USDT on the Tron network, according to on-chain tracking data from LookOnChain. The circulating supply of USDT on Tron has now reached $85.3 billion, surpassing Ethereum. https://twitter.com/lookonchain/status/2031923236871770342 However, as of March 11, Tether’s official website reports that Tether’s total circulating USDT across multiple blockchains stood at approximately $184.9 billion. Ethereum leads with $92.38 billion, followed closely by Tron with $85.39 billion, together representing over 95% of the stablecoin’s total circulation. Smaller balances are distributed across other networks, including Solana ($3.09 billion), Avalanche ($0.94 billion), Ton ($0.79 billion), Aptos ($0.76 billion), and

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