Tether issued USDT is the biggest stablecoin player in the market with $61.9 billion in market cap. The top stablecoin has been often associated with Bitcoin (BTC) price boost FUDs in the past. The ongoing bearish market sentiments that have continued since May market mayhem also coincides with USDT’s non-issuance. The last market issuance of USDT came 7 weeks earlier on May 31st which saw Tether add 1 billion USDT to its market cap.
Why Tether (USDT) hasn't issued any USDT in 7 weeks?
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20 July 2021 13:06, UTC