April 23, 2024
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Over the past 2 weeks, Tether has printed another 3 billion USDT

Over the past 2 weeks, Tether has printed another 3 billion USDT

This Saturday, another 1 billion USDT was released on the TRON blockchain. The total stablecoin supply is around 76billion

The company continues to issue USDT despitecriticism that Tether does not have enough cash to fully cover its reserves. Presumably, only 2.9% of the USDT supply is backed by dollar reserves.

Over the past 2 weeks, Tether has printed another 3 billion USDT

In November, Tether issued 5 billion USDT and another 1 billion on December 4. The total supply is about 76 billion.

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Based on materialsbeincrypto.com

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