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Tether Treasury has minted $1 billion USDT on the Ethereum blockchain, causing significant market reactions. The minting occurred on May 21, 2024, and was confirmed by multiple sources. This follows a similar event on May 16, 2024, when Tether minted another $1 billion USDT, which subsequently led to a 9.3% increase in Bitcoin's price, from $65,400 to $71,500. The recent minting is expected to impact the cryptocurrency market, with some speculating a potential rise in Bitcoin's price.
🚨BREAKING🚨 1,000,000,000 #USDT just got minted at Tether treasury! Send #Bitcoin to $100K https://t.co/04ZjZ2qeXP
Tether Treasury minted 1B $USDT again 1 hour ago. On May 16, #TetherTreasury minted 1B $USDT. 5 days later, the price of #Bitcoin rose from $65,400 to $71,500, an increase of 9.3%. https://t.co/0zdmUUYKwJ https://t.co/rLWByCoTk8 https://t.co/VzFbcbP58O
$1b $USDT minted on #Ethereum That's right lads....we're going so much higher. https://t.co/z4rlVVs7K6
