📢 Tether minted another $1 billion USDT on the Tron network, hoarding inventory for a new surge?
💰 Tether recently minted another $1 billion USDT on the Tron network, bringing the total USDT minted in the past year to a staggering $33 billion.
💰 Stablecoin issuance, rising market activity? Minting more USDT is usually good news for the market. Why? Because stablecoins are like "bullets" in the cryptocurrency world. Whenever a large amount of stablecoins such as USDT or USDC are minted, it usually means that buying interest in the market is rising.
🔮 Some people believe that this momentum of issuance is simply a clear sign that the market is about to usher in more activity. Because if the market is really going to enter a bear market, it is unlikely that so many stablecoins will be minted in a short period of time.
🐋 Are whale players ready to enter the market? Others speculate that this may be a signal that some big players, or what we call "whales", are preparing to buy cryptocurrencies at the bottom. I believe it will be reflected in the next crypto market!
🔍 According to the latest on-chain data, Tether has minted $1 billion USDT almost every month in recent months. Does this mean that in the next few months, a large amount of funds will flow into various cryptocurrency markets? Time will give us the answer!
🤔 What do you think of this? Do you think Tether's move indicates that the market is about to usher in a new round of growth? Or do you have a different opinion? Share your views in the comment section!
