November continues to break the records of the year - Tether 'printed' another 1 billion USDT today.
And this is no longer within the framework of the 'transfer' procedure of USDT to the Ethereum blockchain from other blockchains, as it was a few days ago. This is additional liquidity. CEO of #Tether Paolo Ardoino has already reported that 'this is an authorized but not issued transaction.' It will soon go to the market as demand arises.
In total for the month - already 8 billion USDT. The previous maximum of 6 billion #USDT was back in March.
According to Whale Alert, a new billion has been 'printed' on the #Ethereum blockchain. The blockchain continues to be filled with $. Holders of #ETH - brace yourselves, the salvation of your nerves is somewhere nearby 😁
Dynamics for the year 2024:
- November 2024 - currently 8 billion #USDT.
- October 2024 - 1 billion #USDT.
- September 2024 - 1 billion #USDT.
- August 2024 - 3 billion #USDT.
- July 2024 - 1 billion #USDT.
- June 2024 - 1 billion #USDT.
- May 2024 - 2 billion #USDT.
- April 2024 - 5 billion #USDT.
- March 2024 - 6 billion #USDT.
- February 2024 - 2 billion #USDT.
- January 2024 - 5 billion #USDT.
In total +35 billion #USDT for the year 2024.
The market capitalization of the largest stablecoin exceeded 128 billion $. And 27% of this capitalization came in 2024 👀