Tron Price Forecast: Tether’s $1 Billion Shift Elevates TRX Amid Upcoming Review of Stablecoin Legislation.

Tether recently issued an additional $28 billion USDT on the Tron network, increasing the total minted amount to 2888 billion USDT. This move comes as the House Financial Services Committee is set to discuss its stablecoin legislation later this week. On March 15, 2025, Tether, known as the largest stablecoin issuer, also minted 1 billion USDT on the Tron network, worth around $1.0006 billion. Interestingly, half of the total supply of USDT is currently located on the Tron blockchain, which is recognized for its rapid transaction capabilities and decentralized applications (dApps). Tron has emerged as the favored network for stablecoin transfers thanks to its minimal transaction fees. Tether’s CEO, Paolo Ardoino, explained that the recent minting was meant for replenishing inventory and consisted of USDT that has been authorized but not yet issued. These reserves are mainly designated for upcoming issuance requests and for asset swaps on the blockchain. Since the beginning of 2025, Tether has issued $8 billion USDT on Tron and an impressive $8.883 billion USDT in the last year. This significant increase in USDT liquidity has had a favorable effect on Tron’s native cryptocurrency, TRX. As reported by CoinMarketCap, TRX holds the 10th position in the cryptocurrency market, with a market capitalization of $22.19 billion. As of now, TRX is priced at $0.23, having increased by 3% on Monday and briefly reaching $0.24. In contrast, leading cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and XRP experienced declines. According to blockchain analytics company Nansen, Tron accrued $51.35 million in transaction fees, marking a 2.9% rise compared to the previous month. Experts predict that as April progresses, Tron’s value may approach $0.30, driven by a rise in stablecoin usage and clearer regulations during Donald Trump’s presidency regarding stablecoin legislation.