Tron Network Sees $1 Billion USDT Minting Amid Falling Lending TVL
Tron (TRX) has shown an upward trend, increasing by 3.9% in the last 24 hours to a trading value of $0.294. However, it remains 31.8% below its all-time high of $0.43 from December 2024.
Key points include:
- A significant minting event saw Tether issue 1 billion USDT on the Tron network on June 9, 2025.
- This issuance is the largest for USDT on Tron this month, indicating increased liquidity and potential market demand.
- Analysts suggest this reflects higher stablecoin demand within Tron, known for low fees and fast transactions.
- There may be institutional activity or preparations for large OTC trades linked to this minting.
Declining TVL Amid Rising TRX Price
Despite TRX's price increase, total value locked (TVL) in Tron lending protocols dropped by nearly $2 billion, creating a divergence in trends.
Additional observations are:
- Historically, decreased TVL correlates with TRX price rises, as seen in early 2024.
- The current rise in TRX amidst falling lending engagement may indicate shifts in investor strategies or changes in Tron’s financial ecosystem.
