Bitcoinist
2020-03-11 11:00:33

Tether Printers Churn Out 60M New USDT, Relief Rally Inbound?

Tether Inc. appears to be responding to the crypto market’s ongoing decline today by minting 60,000,000 new USDT tokens. Whenever this has happened in the past the crypto market usually experienced a surge in volatility. USDT Accrues in Tether Treasury The Tether printer became active after the latest bitcoin market crash, with the latest tranche creating another 60 million USDT. The large-scale transaction this March 11 followed a previous printing immediately after BTC crashed on […]

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