An additional 1 billion USDT was released on the TRON blockchain this Saturday. Total stablecoin supply is around 76 billion.
The company continues to issue USDT despitecriticism that Tether does not have enough cash to fully cover its reserves. Presumably, only 2.9% of the USDT supply is backed by dollar reserves.
In November, Tether issued 5 billion USDT and another 1 billion on December 4. The total supply is about 76 billion.
Subscribe to ForkNews on Telegram to keep abreast of news from the world of cryptocurrencies
According to the materials beincrypto.com