Tether Mints $180M New USDT For ‘Inventory Replenishment’

Over the past two days Tether has created USD $180 million of its USDT stablecoin for a so-called “inventory replenishment.” Such a step could add further dynamics to an already extremely volatile Bitcoin market. TETHER MINTED, YET DEMAND NOT JUSTIFIED Over the past two days, Tether CTO Paolo Ardoino announced that 3 tranches of USDT tokens worth $60 million each had been created. More...

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