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A few days ago, the stablecoin market showed notable movements. According to the latest monitoring results from an on-chain data analysis platform, Tether has recently issued an additional 2 billion USDT on a large scale. This action further expands the circulating supply of USDT in the market and may have far-reaching effects on the Crypto Assets ecosystem.
It is worth noting that this is not an isolated incident. Looking at the data from the past month, we can see that not only Tether, but also another major stablecoin issuer, Circle, has injected a total of up to 12 billion USD worth of sta
View OriginalIt is worth noting that this is not an isolated incident. Looking at the data from the past month, we can see that not only Tether, but also another major stablecoin issuer, Circle, has injected a total of up to 12 billion USD worth of sta