The Tether company “printed” the first billion USDT in July. According to Whale Alert, the new billion is printed on the#Tronblockchain. It is interesting that the last time the issuer “printed” such a volume of USDT was back in June and exactly a month ago - on June 15.

Dynamics for 2024:

- July 2024 - so far 1 billion #USDT.

- June 2024 - 1 billion #USDT.

- May 2024 - 2 billion #USDT.

- April 2024 - 5 billion #USDT.

- March 2024 - 6 billion #USDT.

- February 2024 - 2 billion #USDT.

- January 2024 - 5 billion #USDT.

Traditional commentary from#TetherCEO Paolo Ardoino on “sealing”:

"...Please note that this is an authorized but not issued transaction, meaning that this amount will be used as inventory for next period's issue requests and network swaps"

Let us remind you that in July the issuing company#Circlealso “printed” 1.033 billion of its #USDC. Total +2 billion $ liquidity for half of July alone. The alternative version is “printed” in order to get out of positions into stables” - does not fit with reality.

But the bears continue to claim that the market is about to dump 🤷‍♂️