Nearly half a billion USDT minted in previous 36 hours as Bitcoin rallies

Almost half a billion USDT minted in past 36 hours as Bitcoin rallies

The Tether (USDT) Treasury has minted almost half a billion new USDT tokens and distributed more than 185 million tokens to exchanges and other addresses in the last 36 hours.

As shown by blockchain tracker Whale Alert, two transactions of 150 million and 300 million USDT tokens were minted on Oct 20 and Oct 21 respectively.

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