Tether Mints $1 Billion USDT as Global Economic Uncertainty Persists

Tether, the world’s largest stablecoin issuer, just minted $1 billion worth of USDT on the Tron network. This is the first time the company has issued such a large amount in over a month, and it pushes the total circulating supply to about $183 billion, which is over $100 billion more than its closest competitor, USDC. According to its official transparency page, over $96 billion of the total supply sits on Eth…