This morning, Tether Treasury minted an additional 1 billion USDT on the Ethereum blockchain. The move reflects Tether’s ongoing operations within the cryptocurrency market. Minting USDT is a common practice for Tether, which aims to maintain liquidity and support its stablecoin’s value. The Ethereum blockchain is one of the primary platforms for USDT transactions, allowing users to engage in various decentralized finance activities. This minting event is part of Tether’s strategy to meet market demand and ensure the availability of its stablecoin.
