10 Mln USDT-Tron Added to 160-Mln Supply in Just Two Days, Justin Sun Hints It May Hit 200 Mln Soon

Libra Coin News
Fri, 10/11/2019 - 08:58
Yuri Molchan
Tron CEO Justin Sun announces that more people ‘are in favor’ of USDT-TRON and expects the current supply of the stablecoin to surge to 200 mln soon
Cover image via www.youtube.com

On October 11, the Tron founder Justin Sun shared with the community data that shows the rise of the total supply of the USDT stablecoin issued on Tron. At the moment it totals 170 mln with 10 mln added in just two days.

More people prefer to use Tron for their USDT, says Justin Sun and offers the community to guess, when this 170 mln will grow to 200 mln.

Meanwhile, the original USDT issuer, Tether Ltd, and its partner the Bitfinex exchange have recently scored their first goal in the victory over the New-York Attorney General (NYAG). As reported by U.Today previously, the judge from New York, Joel M. Cohen, has ruled that Tether and Bitfinex are not obliged to collect documentation regarding their $850-mln cover-up of the funds lost earlier this year and file it to the NYAG.

Bitcoin Price Prints Massive Red Candle After Failing to Break Above Key Resistance Level

The Tether ‘cash printer’ keeps working, issuing another 20 mln USDT yesterday, on October 10.

Let us know what you think of the prospects of USDT-Tron in the comments section!

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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