Surely we are not surprised that Tether continues to print another 1 billion USDT, so what is the truth about this?
First, you probably all think that when minting such a large amount of USDT, they will push up the price and cause the whole market to go up.
There will be 2 cases when stablecoins are added and pushed to the market by mints.
The first thing will be to pull the market up, like last night when 1 billion USDT was minted and pushed into the market through the Tron network.
One thing that people rarely pay attention to is that once they finish printing, they don't necessarily push it to the market right away, they can circulate the cash flow to do other things, such as paying off debt, paying salaries and many other things. .
In essence, this will usually be Tether creating news so that you can follow and believe that if you print more stabelcoin USDT, the whole Market will fly => create Liquid (liquidity) for all parties.
Second, we need to pay attention to the market's idle cash flow, when there is a large amount of stablecoins floating in the market.
This amount of stablecoins is floating for the sole purpose, when there is goodnew, it will be used to push into the market, creating fomo for the market.
Tether currently has 86 billion USD to guarantee the amount of 83 billion USDT circulating in the market, so you can understand that the mint is issued to balance the accounting sheet.
What do you think about Stablecoins being minted on the market? Is there any secret behind this story?
