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CoinOtag 2024-06-15 12:26:55

Tether’s 1 Billion USDT Issuance Raises Alarms Over Bitcoin Price Stability

Today, the cryptocurrency community was taken aback by Tether’s announcement of a new 1 billion USDT issuance. This large-scale issuance has raised eyebrows, mainly due to historical patterns linking such activities to Bitcoin price drops. Tether’s CEO later provided statements aimed at easing the concerns, but questions still loom. Let’s look into the specifics. An

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