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coinpedia 2024-12-03 04:48:53

Tether’s USDT Minting Spree Hits $16B Since November

The post Tether’s USDT Minting Spree Hits $16B Since November appeared first on Coinpedia Fintech News Tether minted an additional $1 billion USDT on Ethereum and Tron just hours ago, bringing its total USDT issuance to a staggering $16 billion since November 6. The latest mint underscores Tether’s aggressive expansion, reflecting heightened demand for the stablecoin across decentralised ecosystems. This surge in USDT minting aligns with increased crypto market activity, reinforcing its role as a key liquidity provider. Such large-scale issuances are often viewed as indicators of growing market confidence, though they also reignite debates on stablecoin transparency and systemic influence.

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