Tether Issues Additional 10 Billion USDT, On-Chain Transaction Activity May Heat Up

BroadChain has learned that at 22:30 on April 21, according to CryptoNews, Tether minted an additional 1 billion USDT on Ethereum, coinciding with the heating up of the on-chain Meme coin market. This issuance occurred shortly after Bitcoin broke through $76,000, bringing the total supply of USDT to $193 billion, accounting for 58% of the $320 billion stablecoin market. Historical data indicates that an issuance of this scale typically signals an acceleration of capital inflows into exchanges. Glassnode data shows that the USDT holder accumulation ratio has reached 57.63%, exceeding the 50% net accumulation threshold. Analysis suggests this is a precursor to intensified on-chain activity, with funds expected to flow rapidly to exchanges and DeFi platforms. Trading volume data solidifies USDT's dominant position, with its $484.17 billion trading volume far surpassing USDC's $319.2 billion. The low-fee environment of the Tron network (supporting over 50% of USDT's network dominance) allows for rapid deployment of funds once activated. Historically, new liquidity tends to seek high-beta assets, and during periods of liquidity expansion, Meme coins with active communities often attract a disproportionate influx of capital.