Tether Mints $1 Billion USDT on Ethereum Amid Surging Stablecoin Activity

Tether Mints $1 Billion USDT on Ethereum Amid Surging Stablecoin Activity

On November 18, Tether Treasury minted an additional $1 billion USDT on the Ethereum network, according to Etherscan data. This transaction follows a similar issuance earlier in the month on the Tron network, signaling Tether’s continued efforts to meet rising market demand. The newly minted stablecoins, authorized but not yet distributed, will reportedly remain in Tether's reserves to cater to future liquidity needs across on-chain exchanges...

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