Tether, a widely used stablecoin, has seen a substantial increase in its supply over the past two weeks. According to data provided by Onchain Lens, a monitoring service that tracks blockchain activity, Tether has minted an additional 5 billion USDT on both the Ethereum and Tron networks.
The exact distribution of this new supply between the two networks is not specified. However, it's worth noting that Tether has been actively using both platforms for some time, which may indicate a strategic decision to balance its presence across different ecosystems.