Another mint, is a big market coming? Please fasten your seat belts...
Tether Treasury minted 1B $USDT on Ethereum about 3 hours ago.
It is worth noting that this minting coincided with the Federal Reserve's expected interest rate cut on September 17-18.
Overall, Tether Treasury has issued a total of 35 billion $USDT in the past year, pushing the price of $BTC from $26,600 to more than $73,000 in March. After a large amount of USDT is issued, the price of $BTC usually shows an upward trend or stabilizes.