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Tether Mints Additional $1 Billion in USDT Tokens

Latest issuance adds $1 billion in USDT to the market, reflecting continued large-scale stablecoin activity.

USDT

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Terms & Concepts
  • USDT (Tether): A widely used USD-backed stablecoin designed to maintain a 1:1 value with the US dollar.
  • Stablecoin Minting: The process of issuing new tokens of a stablecoin, increasing its circulating supply.