Tether minted 1 billion USDT at the Tether Treasury.
DeFi & Yields ·
One billion USDT was minted at the Tether Treasury, according to reports. The minting adds to the supply of the stablecoin in circulation. Tether has periodically issued new USDT to meet market demand, and such minting events can affect liquidity conditions across cryptocurrency trading venues. The specific timing, destination addresses, and immediate market impact of this issuance remain unclear from available reports.