Tether’s USDT issuance surged by $19 billion since November 6, including $4 billion minted this week alone.
Ethereum gas fees spike as USDT demand grows, raising concerns about scalability and market stability.
Tether’s aggressive minting frenzy has dominated the cryptocurrency market, with an amazing $19 billion in USDT released since November 6, including a startling $4 billion created in the last week alone.
Along with Bitcoin’s amazing surge to $99,000, a landmark that emphasizes USDT’s function as the liquidity backbone of the digital asset ecosystem, this rapid increase in supply also reflects. However, this large inflow of money comes with several challenges, including concerns about potential threats to market stability and the transparency of Tether’s reserve.
19 BILLION USDT — IS TETHER PLAYING WITH FIRE?
Tether’s printing spree hit $19B USDT since November 6—with $4B minted this week alone.
BTC trading at $99K makes USDT the liquidity king but raises volatili
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