Tether, the world’s largest stablecoin issuer, minted an additional $2 billion USD

The latest minting spree reflects intensified crypto market activity as Bitcoin reaches a new all-time high. Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Tether, the world’s largest stablecoin issuer, minted an additional $2 billion USDT on July 16 on the Ethereum blockchain. Tether CEO Paolo Ardoino confirmed the mint via a post on X.

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Source: https://cryptoslate.com/tether-mints-2-billion-in-usdt-as-its-supply-reaches-a-record-breaking-160-billion/

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