Tether has already "printed" the thirteenth billion USDT in November. And again on the #Ethereum blockchain, according to #WhaleAlert. The ecosystem absorbs liquidity like a sponge through exchange requests. For the future active growth of #ETH and many tokens on its blockchain. We analyzed the technical picture for ETH yesterday.
CEO #Tether Paolo Ardoino wrote the traditional "this is an authorized but not issued transaction". But the time lag between the "printing" of the stablecoin and its release into the market is now minimal.
The capitalization of the largest stablecoin is already almost $134 billion. On November 23, it was around $132 billion. Since November 1, according to #Coinmarketcap, the capitalization of #USDT has increased by $13 billion.
Dynamics for 2024:
- November 2024 - already $13 billion #USDT.
- October 2024 - $1 billion #USDT.
- September 2024 - $1 billion #USDT.
- August 2024 - $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 +$40 billion #USDT for 2024.
