TRON shares surge 17.70% intraday as Tether issues 10 billion USDT on Tron network, boosting stablecoin settlement demand.

TRON surged 17.70% intraday following TRON DAO's participation as a Gold Tier Sponsor at the Digital Assets at Duke Conference, where it highlighted stablecoin adoption and blockchain infrastructure, and Tether’s issuance of an additional 10 billion USDT on the Tron network. The conference reinforced TRON’s role in decentralized finance, with Sam Elfarra emphasizing collaboration with policymakers and institutions, while the Tether expansion underscored demand for Tron’s low-cost stablecoin settlement capabilities. These developments aligned with TRON’s strategic focus on scalable blockchain solutions, driving investor optimism amid ongoing ecosystem growth and regulatory engagement.