Tether Mints 2 Billion USDT, Sending $1 Billion to Binance Amid Rising Institutional Demand and Bitcoin Price Recovery
The post Tether Mints 2 Billion USDT, Sending $1 Billion to Binance Amid Rising Institutional Demand and Bitcoin Price Recovery appeared on BitcoinEthereumNews.com. Tether’s recent minting of 2 billion USDT and the transfer of $1 billion to Binance underscore a surge in institutional demand and stablecoin liquidity. This significant movement coincides with Bitcoin’s price rally above $119,000, highlighting a correlation between stablecoin supply and market momentum. COINOTAG reports that Tether’s total circulation now surpasses $160 billion, reflecting its expanding role in global digital finance. Tether mints 2 billion USDT amid rising institutional demand, boosting Binance liquidity and coinciding with Bitcoin’s surge past $119K. USDT circulation tops $160B. ‘, ‘
The post Tether Mints 2 Billion USDT, Sending $1 Billion to Binance Amid Rising Institutional Demand and Bitcoin Price Recovery appeared on BitcoinEthereumNews.com.
Tether’s recent minting of 2 billion USDT and the transfer of $1 billion to Binance underscore a surge in institutional demand and stablecoin liquidity. This significant movement coincides with Bitcoin’s price rally above $119,000, highlighting a correlation between stablecoin supply and market momentum. COINOTAG reports that Tether’s total circulation now surpasses $160 billion, reflecting its expanding role in global digital finance. Tether mints 2 billion USDT amid rising institutional demand, boosting Binance liquidity and coinciding with Bitcoin’s surge past $119K. USDT circulation tops $160B. ‘, ‘
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