Tether mints $1 billion USDt on Tron, pays zero fees — Arkham

Tether's $1 Billion Minting Impact on Tron Network

The recent minting of 1 billion USDT by Tether on the Tron network is significant, impacting the network's performance, transaction volume, market liquidity, and user engagement. Notably, this minting transaction was executed without incurring any transaction fees, presenting a compelling case for using Tron for large-scale transactions. Impacts on Network Performance Zero Fees: The minting transaction highlights Tron's capability to accommodate large operations without traditional costing norms, which is generally beneficial for the network's usability and attractiveness. Transaction Capacity: Tron's inherent low fee structure (typically around $0.000005) could enhance user adoption, especially for high-frequency trading or microtransactions. Transaction Volumes

Surge in Activity: The injection of 1 billion USDT, alongside Tether’s recent $7 billion minting spree due to the ongoing Bitcoin bull run, Show Less

https://cointelegraph.com/news/tether-mints-1-billion-usdt-tron-pays-zero-fees-arkham
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