​Tether Mints 1.3BN USDT Since Market Bottom: Can It Push Bitcoin Above $65K? – Tyler Durden

Tether Mints 1.3BN USDT Since Market Bottom: Can It Push Bitcoin Above $65K? By Zoltan Vardai of CoinTelegraph Tether, the issuer of USDT — the world’s largest stablecoin — has minted over $1.3 billion worth of stablecoins since the market bottom, as investors prepare to buy the dip. Tether’s treasury has printed over $1.3 billion worth of USDT since the market bottomed on Aug. 5. The $1.3 billion was transferred to some of the most popular centralized cryptocurrency exchanges — including Kraken, Coinbase, OKX and Bullish — according to an Aug. 9 X post by Lookonchain. 1.3B $USDT has been…  — Continue at ZeroHedge News : Read More