Tether has minted 1 billion USDT, equivalent to approximately $1.004 billion USD, at its Treasury. This significant issuance of the stablecoin is part of Tether's ongoing operations to manage liquidity and meet market demand. The minting of such a large amount of USDT often indicates preparations for increased trading activity or demand in the cryptocurrency markets.
Tether Mints $1 Billion USDT at Treasury
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.