Tether has recently minted 2 billion USDT, bringing the total supply to 7 billion USDT in the past six days. This increase in supply can impact the cryptocurrency market by adding liquidity and potentially influencing trading dynamics and asset valuations. Historically, large-scale minting by Tether has been linked to market movements, such as Bitcoin price increases. The surge in USDT supply suggests a growing demand for stablecoins, which are used by traders for hedging and transactions. The increased liquidity can improve market depth, reduce volatility, and enhance price stability across digital assets. Tether recently reported record revenue and disclosed holdings of BTC and gold. The company is exploring new opportunities for expansion, including lending to commodities traders and participating in large-scale commodity trades using USDT. However, Tether is also facing regulatory scrutiny and allegations of potential involvement in illegal transactions, which the company denies and emphasizes its commitment to compliance and transparency.



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