ChainCatcher message, on-chain data shows that Tether Treasury has minted 1 billion USDT on the Ethereum blockchain, approximately 3 hours ago. This action has attracted widespread attention from the market, and investors are beginning to analyze its potential impact.

First, this large-scale minting may be to meet the growing demand for USDT, especially during periods of active cryptocurrency trading. Secondly, this may also be Tether's preparation for cross-chain operations on other blockchains.

Regardless, this minting activity may have a certain impact on the liquidity and market stability of USDT, warranting continued attention.