Tether, the popular stablecoin issuer, has recently minted 1 billion USDT tokens on the Ethereum blockchain. This brings the total supply of USDT to $135.78 billion. This move by Tether further solidifies its position in the cryptocurrency market and demonstrates its commitment to providing liquidity and stability to users. The minting of such a large amount of USDT on Ethereum shows the growing demand for stablecoins in the decentralized finance (DeFi) space. Tether’s decision to mint more USDT on Ethereum also highlights the network’s scalability and efficiency in handling large transactions. This development will likely have a positive impact on the overall DeFi ecosystem, as it provides users with more options for trading and investing in digital assets.
Subscribe
Login
0 Comments