Tether Mints 1B USDT as Market Liquidity Shifts

Tether's Latest Minting on Ethereum

Tether Treasury recently minted another $1 billion USDT on the Ethereum blockchain, bringing its total issuance over the past year to an impressive 23 billion USDT. This significant minting event has caught the attention of the cryptocurrency market, particularly due to the substantial transfers of USDT to prominent centralized exchanges (CEXs), suggesting possible shifts in market liquidity and investor sentiment.