Tether issues $500 million of USDT on Solana in under an hour
- —Tether issued $500 million of USDT on Solana in under 60 minutes
- —Native USDT on Solana is estimated at $3.8–4 billion
- —Circle simultaneously issued $250 million of USDC on Solana
- —Tron remains the largest network by USDT turnover
Why it matters: Large stablecoin issuances often precede a rise in trading and DeFi activity, signaling an inflow of liquidity into Solana.
Source: Crypto Briefing