The Tether company “printed” its second billion USDT in May. Let us remind you that the first one was published on May 17 on the#Tronnetwork and did not come to the attention of the#WhaleAlertservice.

This time, according to Whale Alert, a new billion is printed on the#Ethereumblockchain.

Dynamics for 2024:

- May 2024 - so far 2 billion #USDT.

- April 2024 - 5 billion #USDT.

- March 2024 - 6 billion #USDT.

- February 2024 - 2 billion #USDT.

- January 2024 - 5 billion #USDT.

Commentary from#TetherCEO Paolo Ardoino on “sealing” is traditional:

"...Please note that this is an authorized but not issued transaction, meaning that this amount will be used as inventory for next period's issue requests and network swaps"

That is, they print to meet the growing needs of the market, but are not yet released to it.

In the current market conditions, the situation is ambiguous - stablecoins can be “printed” both for the purchase of volatile assets and for closing transactions when their prices rise.