Tether has minted 1 billion USDT, equivalent to approximately $1,000,330,102, at its Treasury. This significant issuance comes as part of Tether's ongoing operations to manage liquidity and meet market demand for its stablecoin, USDT, which is pegged to the US dollar. The minting of such a large amount of USDT often signals increased demand or preparation for future transactions in the cryptocurrency market.
Tether Mints $1 Billion USDT at Treasury
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