#USDT supply hit a record $160 billion on-chain in July 2025.
Total USDT minted since July 1: over $7 billion.
$2 billion USDT minted on July 27 (Ethereum), mostly for inventory, not immediate use.
Around $1 billion of that was sent to Binance, likely preparing for trading demand.
⚙️ Purpose
Tether CEO #PaoloArdoino says this minting is for liquidity management (e.g., exchange requests, chain swaps), not circulation yet.
NOTE : Historically, such large minting events often precede market activity or rallies.
⚠️ Concerns ( RISK )
Regulatory pressure is increasing (e.g., U.S. GENIUS Act).
Some ongoing skepticism about Tether’s reserve transparency.