Why does the market go up after large amounts of#USDTor FDUSD are minted? ๐Ÿš€๐Ÿค”

How can we benefit from printing these huge quantities?

In this article, we will learn why and how this process occurs, and how can you exploit it for profit?

Minting means: printing new stable currencies such as USDT or FDUSD and others, and their value must be linked to the US dollar.

America prints the dollar and also uses it in the world of digital currencies. Tether company prints USDT for people to use

The printing or minting process is as follows:

When a financial institution or entity needs $USDT, they contact Tether and they agree on the amount

Then the institution transfers the US dollar to the Tether companyโ€™s bank account as a reserve for the amount that will be printed so that $USDT has real value ๐Ÿ‘Œ

There are several reasons why Tether prints $USDT every period, including:

๐ŸŒŸ Increased demand. The more demand the company must print

๐ŸŒŸ Printing across several networks. It is very necessary for $USDT to be available on all networks so that transfers and the buying and selling process are smooth.

This is why we sometimes see Tether printing $1B$ billion dollars or less on the Ethereum and Tron networks...

๐ŸŒŸ Liquidity supply: Usdt is also printed to be available in order to avoid sudden price fluctuations

Content Creator @cryptoSFTT