Tether (USDT) Daily Unique Addresses Hit 2022 Highs, What It Means For Crypto Markets
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A key measure of trade for top stablecoin Tether (USDT) hit its highest level this year, indicating an elevated level of demand. The data could imply two potential scenarios for the crypto industry,…
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The company behind Tether (USDT) is pushing back on rumors about the reserves composition of the largest stablecoin by market capitalization. In a new statement, Tether denies claims that 85% of its... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…
Tether’s chief technology officer says certain hedge funds recently attempted to spread panic and profit off shorting Tether (USDT). Tether CTO Paolo Ardoino says hedge funds helped spread rumors... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
In a notable move, Tether Treasury has recently minted an additional $1 billion in USDT, as reported by the on-chain data tracker Loononchain. This substantial increase in USDT supply comes amidst a flurry of activity within the crypto market. Notably, this minting is linked to the actions of a prominent…