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The cumulative supply of top stablecoins like $USDT, $USDC, and $DAI has surged, with significant transfers and minting activities observed. Tether Treasury minted billions of USDT, leading to speculation about potential impacts on crypto markets.
Tether Treasury minted 3B $USDT on #Ethereum and #Tron in just 3 days. Where did these minted $USDT go? Since Apr 1, ~2.55B $USDT has flowed into #Binance, #Bitfinex, #Kraken, and #Coinbase. 1.018B $USDT to #Bitfinex 824.1M $USDT to #Kraken 614.6M $USDT to #Binance 93.8M… https://t.co/uvQfVBwMXO
$1,000,000,000 USDT Mint 👀 What's coming for #BTC? https://t.co/SM0ZmyyJ9D
🚨 🚨 50,000 #BCH (34,206,297 USD) transferred from unknown wallet to unknown wallet https://t.co/mYl7TgedUl
