Tether’s latest move of minting 1 billion USDT reflects strong confidence in the TRON ecosystem. The total minted USDT on TRON now stands at around 61.74 billion, indicating a robust demand for stablecoins.
Despite the significant minting, TRX has seen a 46% decline since its peak in December 2024, currently trading at 0.2311 USD. The recent minting did not effectively boost the price of TRX.
TRON’s relative strength indicator suggests there may be buying momentum despite overall market declines. The implications of the ongoing political landscape are also considered for market predictions.