Stablecoin issuer Tether has minted another $1 billion worth of USDT, adding to a sharp rise in stablecoin issuance over the past week, according to on-chain analytics firm Lookonchain. The latest mint brings total stablecoin issuance by Tether and Circle…
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Editor’s Analysis
Tether mints $1B USDT as stablecoin issuance tops $4.7B in a week continues to draw attention due to its market movement and investor sentiment. While this news is significant, it’s important to consider long-term fundamentals and avoid reacting solely based on short-term hype.
This content is for informational purposes only and should not be taken as financial advice.
Credit: Ann Maria Shibu
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