Tether minted $500 million worth of USDT on the Solana blockchain in less than 60 minutes, adding to Solana's existing $3.8-$4 billion USDT supply. This surge, alongside a simultaneous $250 million USDC mint by Circle on Solana, indicates strong demand for fast, dollar-backed liquidity on the network. Solana's low transaction costs and speed make it an increasingly preferred platform for stablecoin operations, competing with Tron and Ethereum. The mint reflects growing institutional and DeFi activity requiring quick access to stablecoins on Solana.
As of Sep 19, 2026 23:21 WIB, USDT on Pluang trades at Rp17.686 with a slight 1-day decline of 0.17%. The stablecoin maintains a large market cap of Rp3.265,77 trillion and a high 24-hour trading volume of Rp1.246,68 trillion. Despite the recent minting surge on Solana, Pluang order activity shows a majority of 63% sell orders, reflecting active liquidity management among users.
TRON's stablecoin market cap grew by about $4.8 billion in 90 days, driven mainly by Tether's USDT, which now exceeds $94 billion on the network. This surpasses Ethereum's USDT supply by over $9 billion, largely due to TRON's lower transaction fees, ...
Hyundai successfully tested a $20,000 cross-border payment using Avalanche's blockchain, reducing transfer time from hours to about seven minutes. This pilot, involving Hyundai Card and partners like Tether and Axiom, used stablecoins rather than AVA...
Tether's USDT is now available as a confidential token (cUSDT) on Zama, which uses fully homomorphic encryption to hide transaction amounts and balances on Ethereum. Since its launch in January 2026, cUSDT has reached a cumulative shielded volume of ...
David Schwartz, Ripple's CTO Emeritus, acknowledged a fundamental mistake in early blockchain design: assuming all USD stablecoins would share the same currency code 'USD'. This miscalculation led to fragmented stablecoin payments, confusing users wi...
Stablecoin issuers Circle and Tether are key beneficiaries of the rapid growth in neobanks across emerging markets, where stablecoins like USDC and USDT enable cheaper, faster payments. While neobanks struggle with profitability due to high customer ...
