Massive #USDT Minting: Tether Treasury Injects $1 Billion on Ethereum Blockchain
In a significant move that could impact the crypto market, the Tether Treasury has just minted a whopping 1,000,000,000 USDT (equivalent to $999,450,000 USD) on the #Ethereum blockchain.

This substantial injection of liquidity underscores #Tether's ongoing efforts to meet the growing demand for stablecoins within the crypto ecosystem. The newly #minted USDT tokens are poised to enhance liquidity and facilitate various trading activities across decentralized exchanges (DEXs) and other platforms.

Transaction hash 👇
0x483b089df7cdadaa5c0a816e8197319c67c24f3a86ddea7bd001425ecd80fed3

Approximately 13 hours ago, a significant amount of 1,000,000,000 #USDT (valued at 999,881,000 USD) was #minted at the #TetherTreasury on the #TronNetwork ( #TRON Blockchain ).

Transaction Hash: 👇6cce1fd50aaca823756a494758780845c4bcb89b52ab0d89930ae6a13a53edaf

According to data from Lookonchain, Tether Treasury has minted a staggering 3 billion USDT across the Ethereum and Tron networks in just three days.

A significant portion of these freshly minted USDT has found its way into major exchanges, with approximately 2.55 billion USDT flowing into platforms such as Binance, Bitfinex, Kraken, and Coinbase since April 1st:

Bitfinex received 1.018 billion USDT
Kraken received 824.1 million USDT
Binance received 614.6 million USDT
Coinbase received 93.8 million USDT

#TetherTreasury #minted

Massive $USDC Minting: Over $125 Million USDC Generated in One Hour
A substantial amount of #USDC has been #minted within a remarkably short span of time, adding significant liquidity to the USDC ecosystem.
In the past hour alone, a staggering 125,890,496 USDC, valued at 125,789,784 USD, was minted at the #USDCTreasury on the #Ethereum blockchain.
Transaction hash👇 0xecfe9af224cb1722a06655220797d0c294a52d16d1715689d97f4364488ec990.