Ethereum Network Sees Nearly $1B in USDT Mints – Fresh Liquidity Amid Market Downturn | Bitcoinist.com

The Ethereum network witnessed another major stablecoin issuance, with $991.9 million in ETH-backed USDT minted just hours ago, according to onchain data shared by analyst Maartunn. This large-scale mint by Tether comes at a crucial time, as both Ethereum (ETH) and Bitcoin (BTC) face growing pressure across the market. Related Reading: US Government Seizes 127,195 […]