Tether strikes again! According to Onchain Lens data, Tether has minted an additional 1 billion USD in USDT on the Ethereum network. 💰 This brings the total amount of USDT minted this month to an astonishing 4 billion USD.
This move has attracted widespread attention in the market. 🔍 In the stablecoin market, an increase in the supply of USDT is usually seen as a signal of increased market liquidity, but it may also raise concerns about the market overheating.
However, the specific impact remains to be observed in the market's reaction. 📊 Regardless, this dynamic adds a new topic of discussion to the cryptocurrency market.