According to AltcoinGordon on Twitter, Tether has just minted $1 billion USDT, significantly increasing the stablecoin’s circulating supply (source: twitter.com/AltcoinGordon/status/1916799466037715275). Historically, large USDT issuances have been linked to increased liquidity and heightened trading activity across major exchanges. Traders should closely monitor BTC and ETH price action, as similar mints have often preceded periods of high volatility and bullish momentum in the crypto market (source: Kaiko Research, 2024). This event may signal upcoming institutional inflows or preparation for large-scale purchases, making it crucial for short-term and swing traders to watch for breakout patterns and volume spikes.
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USDT Supply Surges: $1 Billion Tether Minted—Immediate Implications for Crypto Traders – Blockchain News
