On November 29, Tether added 1 billion USDT to its reserves after issuing 3 billion USDT on Sunday. Since November 8, the total volume of issued USDT has reached 14 billion. USDT continues to dominate the stablecoin market with a 69% share. The issuance of new tokens positively affects the price of Bitcoin, increasing it by 0.4% within 5 minutes after issuance. The stablecoin market continues to grow, with USDT capitalization at $190 billion and a trading volume of $1.8 trillion.
11/30/2024 12:50:42 PM (GMT+1)
Tether added 1 billion USDT to its reserves after issuing 3 billion USDT on Sunday, bringing the total volume to 14 billion since November 8 📈
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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