Tether has issued $80 million worth of USDT while redeeming $15 million, according to ChainArgos monitoring reported by Odaily. This recent activity showcases the ongoing movements within the stablecoin market. The balance of issuances and redemptions reflects Tether's continued role in maintaining liquidity across crypto markets.
While the issuance of new USDT could indicate rising demand, the redemption shows a portion of that liquidity being pulled out of circulation. It's essential to stay updated on these fluctuations, as they can influence broader market dynamics.
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