Tether Treasury Mints 1B USDT Ahead of Expected FED Rate Cut! đš
Tether Treasury has minted 1B USDT on Ethereum around 7 hours ago, possibly preparing liquidity ahead of the anticipated FED interest rate cut on September 17 and 18.
Address: 0x5754284f345afc66a98fbb0a0afe71e0f007b949
Notably, in the past year, the Tether Treasury has issued 35B USDT across both Ethereum and Tron chains, contributing to Bitcoinâs price rise from $26.6K to over $73K in March. Historically, after large USDT mints, BTC often sees an upward trend or stabilization.
Will we see another BTC rally after this mint? Stay tuned as the market reacts!
