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Stablecoin firm Tether minted 4B USDT in 4 weeks: Data

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Major stablecoin issuer has been increasingly minting new USDT (USDT) tokens, issuing 4 billion USDT over the past month.

Tether issued another 1 billion of Tether on the Tron blockchain on Nov. 10, blockchain data provider Whale Alert reported. The latest USDT minting came just a few days after Tether issued another 1 billion USDT on on Nov. 9, in addition to 2 billion USDT issued in two batches on the Tron blockchain on Nov. 3 and Oct. 19, according to Whale Alert data.

Tether market capitalization over the past year. Source: CoinGecko

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