News about Tether is simply blowing up the crypto world! Let's figure out what's going on with the issuer of the main stablecoin USDT. 😱
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What's new? 🔥
1️⃣ Record USDT emission
Over the past six days, the company has issued an additional 7 billion tokens, 2 billion of which are on the Ethereum network. This indicates incredibly high demand for the stablecoin. 📈
2️⃣ Tether enters the oil market!
Tether has made its first oil deal worth $45 million in USDT. 😲 Now the company aims to become a lender in the commodity markets. This means that crypto is already penetrating the real sector of the economy! 🌍
3️⃣ Crypto market support
The increase in USDT emission may become an additional driver for the cryptocurrency market. More liquidity means more opportunities for traders and investors! 🚀
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Why is this important? 🤔
Tether isn’t just issuing stablecoins, it’s strengthening its position in the global economy. Using USDT in real-world transactions like oil trading is a huge step forward for the entire crypto industry.
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💬 What do you think about this news? How will it affect the market and the future of cryptocurrencies? Write your thoughts in the comments!