**Crypto News Flash: Tether Mints $1.3B in Stablecoins Amid Market Rebound**

Tether, the issuer behind the world's largest stablecoin, has minted over $1.3 billion in Tether USDt (USDT) since the market hit a low on August 5. This move suggests investors are gearing up to "buy the dip."

Key Points:

- The $1.3 billion USDT was transferred to major centralized exchanges like Kraken, Coinbase, OKX, and Bullish.

- Large stablecoin inflows often indicate incoming buying pressure, as they serve as a bridge from fiat to crypto.

- Bitcoin has shown a strong recovery, climbing over 21% since its August 5 low, currently trading at around $60,271.

- Despite the rebound, Bitcoin needs to surpass the $64,000-$65,000 range to avoid further volatility, a critical resistance level for large holders.

Stay tuned for more updates on the crypto market!