Tether Mints $1B on TRON as TRX Futures and USD1 Gain Traction

• TRX futures funding rates turned positive, showing rising market optimism.
• USD1 stablecoin debut adds political edge to TRON’s stablecoin expansion.

Tether Treasury minted $1 billion USDT on the TRON blockchain, further injecting liquidity into the crypto market. According to CryptoQuant data, Tether’s June 9 mint added to a recent wave of high-volume USDT issuances. 

The blockchain data revealed only minting activity, highlighted in green on CryptoQuant’s chart, with no USDT burns recorded during this period. Analysts suggested that the influx of USDT may have supplied traders with capital to open long positions, fueling bullish pressure across major cryptocurrencies.

The timing of these mints aligned with Bitcoin’s rapid price appreciation, as it neared the $110,000 mark. Tether has consistently chosen TRON for high-volume USDT transactions, primarily due to the network’s low transaction fees and fast processing speeds. This strategic pattern points to Tether’s ongoing role in shaping liquidity flow during key valuation shifts.

TRX Futures Market Shows Bullish Derivatives Activity

According to Coinglass data, strong bullish sentiment in the TRX derivatives market was indicated from mid-March to early June 2025. TRX futures funding rates turned positive after dipping to -0.14%, reflecting dominance by long positions.

TRX’s price rose from around $0.21 in mid-March to over $0.30 by June. Open interest followed a similar trend, growing steadily from below $100 million in early February to roughly $400 million by June.

The sustained increase in both open interest and funding rates confirmed expanding participation and market optimism around TRX.

Justin Sun Confirms USD1 Stablecoin Launch on TRON

In a related development, Justin Sun, founder of TRON, confirmed the minting of the first USD1 stablecoin on the TRON network. The issuer, World Liberty Financial Inc., is reportedly backed by former U.S. President Donald Trump, as noted by blockchain and political analysts. Sun described the minting as a significant step for TRON’s growing role in the digital finance space.

Sun reportedly holds the largest share of TRUMP Token, a meme coin associated with the former president. He also attended a White House dinner for key TRUMP Token holders, signalling deeper ties between TRON’s ecosystem and politically themed digital assets.

The USD1 launch marks another entry point for TRON in the stablecoin sector, expanding its offerings and visibility in the broader crypto economy.

The combined momentum of large USDT mints, a strengthening TRX derivatives market, and politically connected stablecoin activity is shaping a dynamic landscape for TRON in mid-2025.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.