Tether "printed" another 2 billion USDT today, setting a record for the whole of 2024. The bull run is making itself felt.
The capitalization of the largest stablecoin is approaching $ 127 billion. Before that, they issued new USDT in November five times.
According to Whale Alert, one new billion was "printed" today on the#Ethereumblockchain (like everyone else this month), the second - on #Tron.
Dynamics for 2024:
- November 2024 - so far 7 billion #USDT, but already more than in any other month this year.
- 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.
Total +34 billion#USDTfor 2024.
The chart on#Coinmarketcapshows how the stablecoin capitalization has been growing in “steps” since the beginning of November. Stablecoins “printed” by Tether do not immediately enter the market, but they do not linger for long either. Since November 7, the capitalization has grown from almost $121 to almost $127 billion.