The fresh issuance expands USDT supply on Solana, a blockchain often used for fast, low-cost transfers and trading activity.
Tether minted $200 million of USDT on Solana over the past two hours. The move increases the stablecoin’s circulating supply on Solana, a blockchain known for relatively fast settlement and lower transaction costs, and may support liquidity for transfers, trading, and other on-chain activity.