In July 2025, Tether issued a whopping $6 billion worth of USDT in one go! This figure not only set a new record but also signaled to the entire cryptocurrency market the arrival of new capital.

As the 'dollar substitute' in the crypto market, this round of issuance reflects the strong demand for liquidity from exchanges, institutions, and retail investors. In other words—everyone is frantically preparing their bullets, possibly to power the next market rally or to hedge against market volatility.

Tether has also emphasized: every newly issued USDT is backed by real assets, and there are no issues with capital reserves. However, doubts persist, especially regarding its asset transparency and whether the underlying funds are genuinely in place.

The sudden injection of such a massive amount of $6 billion into the market inevitably raises concerns about whether it will inflate market bubbles or trigger short-term volatility. After all, each large-scale issuance of USDT could become a catalyst for a tug-of-war between bulls and bears.

Some see opportunities, while others sense risks. All we can do is stay vigilant and prepare in advance before the storm hits.