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📰 【Tether Mints 1 Billion USDT More on the Ethereum Network】
BlockBeats reports, April 21: According to Onchainlens monitoring, Tether minted 1 billion USDT on the Ethereum network 4 minutes ago. In addition, over the past two days, Tether has cumulatively minted 2 billion USDT on the Ethereum network.
$USDT is printing money again. On-chain data won’t lie, but the Treasury’s motives are always a black box. This scale of minting usually means there are large off-chain fiat inflows, or that an exchange’s inventory is being rapidly consumed. Market liquidity will be instantly topped up, but don’t expect it to directly push prices up—it only provides plenty of ammunition for potential sell pressure. The real signal is where these newly minted USDT ultimately flow—whether they go into CEX cold wallets ready to receive, or directly into DeFi liquidity gun-pools. Watching the on-chain flow of stablecoins is more useful than listening to any news.
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