Tether has "printed" its second billion USDT today and its third in August. The first was "printed" on August 13, the second was "printed" this morning.
According to Whale Alert, a new billion has been printed on the#Ethereumblockchain.
Dynamics for 2024:
- August 2024 - already 3 billion #USDT.
- July 2024 - 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.
Total +25 billion#USDTfor 2024.
Traditional commentary from#TetherCEO Paolo Ardoino on the âprintâ:
â⊠Note that this is an authorized but not issued transaction, meaning that this amount will be used as reserves for next periodâs issuance requests and network swaps.â
This is âliquidity for growthâ again, but market players are apparently actively preparing for purchases or are already buying.