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Tether Mints 1 Billion USDT on Tron, Lifting Network Supply to About $89.37 Billion

According to Whale Alert, Tether Treasury minted 1 billion USDT on Tron, lifting network supply to about $89.37 billion as TRON reports record TRC20-USDT usage and PaymentScan shows 32% of April 2026 crypto card volume.

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Fact Check
The core claim that Tether Treasury minted 1 billion USDT on Tron is directly verified by the Whale Alert transaction page, which shows the exact on-chain transaction (hash: 0957747fab56235316ba7908b304e98e5ea64eee254d8d4c077d7ed8e3e1c44e) executed on 2026-05-11 at 12:17:30 UTC, with Tether Treasury as the receiver. This is corroborated by the PANews article and by dozens of retweets of the original @whale_alert post. The $89.37 billion network supply figure is consistent with the Odaily report confirming TRC20-USDT hit a record 89.3 billion tokens around the same date. The record TRC20-USDT usage claim and the 32% PaymentScan figure for April 2026 crypto card volume are both confirmed by the Odaily newsflash. No conflicting evidence was found. The minor uncertainty (4%) reflects the absence of a direct Tether official statement and the fact that the $89.37B figure is an approximation derived from secondary sources rather than a primary Tether or TRON network dashboard.
Summary

According to Whale Alert, Tether Treasury minted 1 billion USDT on the Tron blockchain, with the new issuance reported at about $999.6 million and lifting total USDT supply on Tron to roughly $89.37 billion. This aligns with TRON’s earlier report that TRC20-USDT supply had reached a record $89.3 billion after $8 billion of year-to-date minting. TRON also reported 74.15 million holder accounts and more than 3.36 billion cumulative transfers, indicating sustained stablecoin activity on the network. Separately, PaymentScan said global crypto card volume exceeded $650 million in April 2026, with TRON accounting for 32% of that activity, reinforcing its growing role in stablecoin settlement and payments.

Terms & Concepts
  • TRC20-USDT: USDT issued under TRON’s TRC20 token standard, enabling the stablecoin to be transferred on the TRON blockchain.
  • Minting: The process of creating new digital tokens on a blockchain and adding them to circulating supply.
  • Stablecoin: A cryptocurrency designed to maintain a stable value, usually by tracking a fiat currency such as the U.S. dollar.