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$1 Billion in USDT Minted Within 24 Hours

The issuance of $1 billion in Tether (USDT, a U.S. dollar-pegged stablecoin) occurred in the past day, marking a significant expansion in supply.

USDT

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Terms & Concepts
  • USDT (Tether): A stablecoin pegged to the U.S. dollar, used for trading and transfers within cryptocurrency markets.
  • Stablecoin: A cryptocurrency designed to maintain a stable value by pegging it to a reserve asset like the U.S. dollar.