Tether Issues $1 Billion in USDT, Signaling Market Activity

Tether, the company behind the world’s largest stablecoin USDT, has just minted $1 billion worth of tokens. This significant minting action immediately sparked interest in the crypto community, as such occurrences often indicate major market shifts. According to blockchain trackers, Tether’s Treasury received this fresh batch of USDT. While not necessarily implying immediate usage, it suggests a pending surge in activity across exchanges and OTC desks. This is a familiar pattern for seasoned crypto watchers.