Tether CTO clarifies $1B USDT mint on Ethereum is for chain swaps
The move is Tether’s second $1 billion mint in two months, bringing the total USDT minted by the stablecoin issuer in 2023 to over $16 billion.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The move is Tether’s second $1 billion mint in two months, bringing the total USDT minted by the stablecoin issuer in 2023 to over $16 billion.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
It just got 25 times easier to move self-custody Bitcoin directly onto Wall Street, and $5 billion already has
BlackRock cut the minimum for converting privately held Bitcoin into IBIT shares from $25 million to $1 million, while Bitwise low...
Ethereum and Solana are hosting trillions in dollar volume, yet their native tokens risk losing direct consumer demand
Matt Corallo followed up on an earlier post on Aug. 25, addressing what stablecoin users increasingly see: apps routing around ETH...
Investors just moved $7 billion into Bitcoin and gold in five days to escape an accelerating dollar crisis
Gold and Bitcoin exchange-traded funds (ETFs) drew roughly $7 billion over five US trading sessions, a record combined haul that p...
Chainalysis says global crypto taxable activity topped $457 billion in 2025
Chainalysis estimates at least $457 billion in onchain taxable crypto activity in 2025, with CARF covering only 14%.
Ethereum Price Faces Glamsterdam Test as 3X Network Speed Threatens Smart Contracts
Ethereum price is starting to stabilize, as the network’s next major upgrade puts its core economic assumptions under scrutiny. Th...
Genius Group Sets $2B Dual Treasury Target Months After Liquidating Bitcoin Holdings
Bitcoin Magazine Genius Group Sets $2B Dual Treasury Target Months After Liquidating Bitcoin Holdings Genius Group has announced a...