Tether has continued to expand its stablecoin supply by issuing an additional 1 billion USDT, marking another significant step in the rapidly growing stablecoin market. This move is part of a broader trend – in the past month, Tether (USDT) and Circle (USDC) have issued a total of 11.75 billion USD in stablecoins.
This increase reflects the growing demand for liquidity of the digital dollar on cryptocurrency exchanges, DeFi platforms, and global payment systems. Experts believe that additional issuance could indicate a strong flow of capital entering the cryptocurrency ecosystem as investors prepare for market volatility. Although Tether asserts that all tokens are fully backed, the scale of issuance still draws significant attention and debate.
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Tether issued an additional 1 billion USDT, the stablecoin supply surged to 11.75 billion USD in one month.
Tether has continued to expand its stablecoin supply by issuing an additional 1 billion USDT, marking another significant step in the rapidly growing stablecoin market. This move is part of a broader trend – in the past month, Tether (USDT) and Circle (USDC) have issued a total of 11.75 billion USD in stablecoins.
This increase reflects the growing demand for liquidity of the digital dollar on cryptocurrency exchanges, DeFi platforms, and global payment systems. Experts believe that additional issuance could indicate a strong flow of capital entering the cryptocurrency ecosystem as investors prepare for market volatility. Although Tether asserts that all tokens are fully backed, the scale of issuance still draws significant attention and debate.