 | Tether, the largest stablecoin issuer, has minted an additional $2 billion in USDT on the Ethereum blockchain, bringing its total supply to a record-breaking $160 billion. The new mints are primarily used for inventory replenishment and blockchain swaps, with $1 billion sent directly to Binance. This surge in supply is attributed to increased trading activity in the crypto market, particularly following Bitcoin's new all-time high above $120,000 [link] [comments] |
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