Tether, the stablecoin issuer, has added another 1 billion USDT to its inventory, bringing the total minted USDT to 14 billion since November 8. Tether remains dominant in the stablecoin market, commanding around 69% of the total market share. The CEO of Tether, Paolo Ardoino, stated that the newly minted tokens are authorized but not yet issued and will be used for future issuance requests and chain swaps to ensure sufficient supply for liquidity management. Research suggests that the minting of USDT positively impacts the crypto market, with Bitcoin prices tending to rise shortly after new USDT is minted. The stablecoin market, including Tether, has experienced significant growth in recent months, indicating bullish sentiment and increased trader speculation.



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