$BTC $ETH
Tether's Big Moves!
In the past 3 days, 5 billion USDT have been issued!
28.3 billion have been injected into the market!
According to the latest monitoring, Tether has made significant moves in the past 3 days—issuing a total of 5 billion USDT!
Even more noteworthy is that out of these 5 billion USDT, 28.3 billion have been strongly injected into the cryptocurrency market, bringing new vitality to the market!
Since November 6, Tether's total net issuance has reached a staggering 13 billion USDT!
This series of numbers undoubtedly showcases Tether's strong influence and deep strength in the cryptocurrency field!
I believe that from the perspective of market liquidity, Tether's issuance injects new funds into the cryptocurrency market, helping to enhance the trading activity and liquidity of the market.
This is undoubtedly good news for investors and traders who rely on stablecoins for trading and settlement.
However,
On the other hand, such a large-scale issuance has also raised concerns in the market about Tether's stability and reliability. Some people worry that excessive issuance may lead to USDT's value deviating from its promise to be pegged to the dollar, thereby damaging its credibility as a stablecoin.
Tether's rapid issuance speed in recent times raises questions. Whether this rapid issuance speed is sustainable and whether it will have long-term impacts on the market are issues worth paying attention to for investors and regulatory agencies.
Follow me, check my homepage, and I will share the latest quality market information with you every day, so you won't get lost on your way to wealth!
