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Why did Tether mint over $5 billion in USDT on TRON in only 2 weeks?


Why did Tether mint over $5 billion in USDT on TRON in only 2 weeks?

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AI Overview

Tether minted >$5 billion USDT on TRON over two weeks to meet a sudden surge in dollar liquidity demand, increasing stablecoin supply on TRON and supporting DeFi, DEX and CEX liquidity. Market effect: eases funding and trading stress and may boost crypto adoption and trading activity, but raises supply/dilution and centralization/security concerns around stablecoin issuance and systemic risk.

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Tether printed more than $5 billion in USDT on TRON in two weeks because the crypto market needed a huge amount of dollar liquidity at once.
Read the article at CryptoPolitan

In This News

Coins

$ 0.331

-0.15%

$ 0.99929

+0.03%

Funds

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In This News

Coins

$ 0.331

-0.15%

$ 0.99929

+0.03%

Funds

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

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