Tether minted $1B USDT on Ethereum today, marking another large issuance in a broader $17B minting spree since November.
$225.36 million of the newly minted USDT was transferred to Bitfinex, triggering speculation about another potential BTC rally.
Previous Tether mints aligned with BTC price surges. With BTC at $105K, traders eye a possible repeat market reaction.
Tether mints $1 billion USDT on Ethereum today, adding to the 17 billion minted since November across Ethereum and Tron networks.
$1 Billion USDT Minted on Ethereum
Arkham Intelligence reported that Tether minted $1 billion USDT on Ethereum today. This adds to the $17 billion issued since November 6 across Ethereum and Tron. The recent activity aims to support market liquidity during volatile market phases.
https://twitter.com/arkham/status/1935355673388142791
Out of the newly minted USDT, $225.36 million has been transferred to Bitfinex, a crypto exchange affiliated with Tether. The movement of this amount to Bitfinex has drawn attention, considering its timing amid a broader market downturn.
Tether’s frequent mints are often interpreted as moves to inject liquidity, especially during periods of market instability or when institutional demand is expected to rise.
Past Mints Coincided with Bitcoin Price Surges
Lookonchain shared that Tether’s last two mints preceded increases in Bitcoin’s price. This has led many market participants to watch closely for a possible price rebound.
https://twitter.com/lookonchain/status/1935259255554429012
Even with historical correlation, the market is still hesitant. Bitcoin is presently trading at $105,000, and Ethereum has declined to $2,500. The decline is occurring as a general market correction after the recent meeting of the U.S. Federal Reserve and ongoing global conflicts.
While many experts are predicting the Fed will keep interest rates the same, traders remain to watch the Fed for any surprises in policies. Surprises could effect the value of some assets including BTC and ETH, and ultimately they will be reacting to the market's interpretation of what these policies mean for their positions.
Market Reaction Remains Uncertain
Although Tether’s mint has historically preceded price increases, it does not always guarantee the same response. The broader crypto market remains under pressure, and the recent USDT issuance has not yet triggered a confirmed reversal.
The injection of new stablecoins can increase available liquidity, but actual market reaction depends on demand. With geopolitical tensions and uncertain macroeconomic signals, investors remain cautious despite increased liquidity through Tether’s latest issuance.
Observers will continue tracking whether this mint will influence price trends as seen in past cycles.
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