This Saturday, another 1 billion USDT was released on the TRON blockchain. The total stablecoin supply is around 76 billion.
The company continues to issue USDT despite critics claiming that Tether does not have enough cash to fully meet its reserves. Supposedly, only 2.9% of the USDT supply is backed by dollar reserves.

Tether issued 5 billion USDT in November and another 1 billion on December 4th. The total supply is about 76 billion.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
According to beincrypto.com
You May Also Like
Tether opens a bank account in the Bahamas
Tether Limited, the issuer of the controversial dollar-backed stablecoin USDT, has publicly confirmed that it has established a banking relationship with financial institution Deltec Bank in the Bahamas.
Tether blocked an address with crypto assets worth more than $1 million
According to Ethereum platforms Etherscan and Dune Analytics, Tether has added another address to its list of blocked addresses with a balance of over $1 million in USDT.
