Liquidity seems to be entering back into the crypto market as the bitcoin price pumped all the way to $67,000 amid the cooling down of the US CPI data. There’s been a strong stablecoin influx at the crypto exchanges in recent times. This could probably serve as a strong catalyst for the crypto market rally ahead.
Tether Mints $1 Billion USDT
According to data from Lookonchain, the Tether Treasury recently minted an additional $1 billion worth of USDT tokens, with the latest minting occurring 13 hours ago. Over the last month, Tether has minted an additional $3 billion in USDT with its market cap soaring from $108 billion, to now over $111 billion.
The Tether Treasury has now minted a total of 31 billion USDT tokens on the TRON and Ethereum blockchains over the past year. These newly minted USDT tokens have played a significant role in influencing the price of Bitcoin (BTC), contributing to its surge from $27,000 to $73,000.
Tether Treasury minted 1B $USDT again 13 hours ago.#TetherTr
We współpracy z: https://coingape.com/tether-pumps-liquidity-with-1-billion-usdt-mints-in-12-hours-crypto-market-rally-soon/
