In response to a message from the Whale Alert account, which warns of large-scale movements of cryptocurrencies, Paolo Ardoino wrote that the issue of 1 billion USDT has been approved, but the tokens themselves have not yet been released.
The issue of 1 billion USDT based on Tron showed the popularity of the stablecoin on the Tron network and high demand — since Tether issued a large volume of tokens in advance.
The capitalization of USDT is growing at a faster pace. Over the past three months, the indicator has risen by $2.6 billion. At the same time, the main competitor, USDC, capitalization fell by $ 4.6 billion.