Tether (USDT), the world's largest stablecoin, has minted another $1 billion, pushing its market cap over $110 billion. This move could potentially fuel Bitcoin's (BTC) next surge to record highs. Tether's Treasury has minted $31 billion worth of USDT this year, a significant factor in Bitcoin's rise from $27,000 to $73,000. Tether plans to invest 15% of its net profit into Bitcoin to diversify its backing assets. The company recently acquired 8,888 Bitcoin worth $618 million, making it the seventh-largest Bitcoin holder globally. Bitcoin's price action remains largely dependent on institutional inflows into Bitcoin ETFs.