USDT Supply on Tron Reaches a New All-Time High

USDT supply on Tron has climbed to a new all-time high of about $86.7 billion, according to CryptoQuant. The milestone comes as Tether's new wallet product does not support the network. A growing stablecoin float is often viewed as a bullish indicator for the underlying chain. Ethereum remains the only network with a larger stablecoin supply than Tron.