🪙 Tether The Liquidity Crisis and Political DoubtsThe giant in the stablecoin field, Tether, has caused a stir in the cryptocurrency market by issuing up to 5 billion USD USDT in just 72 hours. This event not only attracted attention from the crypto community but also raised serious concerns in the global financial sector, especially as Tether's role in providing liquidity to the market has become increasingly important.
🚀 The Supply and Demand Crisis
✅ Data from blockchain analysis platforms, such as SpotOnChain, shows that this issuance decision was made amid a market experiencing significant volatility.
✅ On November 6, Tether issued 1 billion USD USDT, at a time when Bitcoin was on a strong upward trend, reaching 76,200 USD. On November 9 and 10, supported by a subsequent issuance of 2 billion USD, Bitcoin surpassed the 80,000 USD threshold, demonstrating the close link between Tether's activities and Bitcoin's price movements.
🚀 Suspicious Political Connections
✅ One figure that cannot be overlooked in the context of Tether is Howard Lutnick, CEO of Cantor Fitzgerald. Lutnick has significant influence in the American political system, particularly within former President Donald Trump's team. He has publicly defended Tether's stability while the Trump administration was considering Lutnick for the position of Secretary of Commerce. This has raised questions about the transparency of Tether's operations.
🚀 Opposing Views on Tether
🚀 Trading Volume and Market Impact
