According to Foresight News, Tether CEO Paolo Ardoino said in an interview with Emergence that the surge in USDT market value is attributed to a large amount of funds flowing into spot Bitcoin ETFs and the Bitcoin buying boom led by Michael Saylor. The total supply of USDT exceeds $140 billion, and the total supply of stablecoins pegged to the US dollar recently exceeded $200 billion.
Tether CEO: USDT market value surge attributed to ETF inflows and Bitcoin buying boom
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