Tether Abruptly Prints $8,000,000,000 in USDT on Ethereum (ETH) and TRON As Crypto Market Recovers

Description

Stablecoin giant Tether has minted $8 billion dollars worth of its flagship USDT in the last 25 days alone, according to on-chain data. Citing Arkham data, on-chain analytics firm Spot On Chain reports that Tether minted $1 billion in USDT on the Ethereum ( ETH ) network early on Monday. And in the last 25 days, Tether has minted a total of $6 billion on Ethereum and another $2 billion on the Tron ( TRX ) network. The massive mint coincides with big rallies for Bitcoin ( BTC ) and much of the al...