Tether has recently minted 2 billion USDT in two batches of 1 billion USDT each. This occurs as Bitcoin surges past the 100,000 USD threshold after a brief decline.
CEO Paolo Ardoino emphasized that the minting is a standard operation, not linked to recent volatility. Analysts speculate it may trigger future market movements, echoing past trends where minting precedes Bitcoin rallies.
The increased supply of USDT could significantly influence market liquidity and trading behavior, particularly among traders navigating the evolving crypto landscape.
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