Tether announced that as of November 2024, there are over $134 billion worth of USDt tokens in circulation. On November 23, the company issued $3 billion USDt on the Ethereum and Tron networks due to the rise in trading volumes in the cryptocurrency market, particularly with the price of Bitcoin approaching $100,000. Since November 8, Tether has added around $13 billion USDt. The increase in issuance is consistently perceived as a bullish signal for the cryptocurrency market.
11/25/2024 11:20:05 AM (GMT+1)
Tether issued an additional $3 billion in USDt on Ethereum and Tron amid rising trading volumes and Bitcoin prices. The total volume of USDt in circulation is over $134 billion 💰
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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