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Tether just printed an additional 1 billion USDT, raising the total issuance of Tether and Circle to 6 billion USDT in the past week.
Tether has just issued an additional 1 billion USDT, marking another important step in the expansion of stablecoin supply. Over the past week, both Tether and Circle have collectively issued a total of 6 billion USDT, demonstrating stable demand for stablecoins in the crypto market.
Stablecoins like USDT play an important role in providing digital assets linked to traditional currencies, offering trading means, risk hedging, and relatively stable liquidity for investors and traders. This continuous issuance reflects strong activity in trading, DeFi protocols, and institutional participation.
It also emphasizes the increasing dependence on stablecoins as a bridge between the fiat and crypto market. Tether and Circle continue to be central players, meeting the growing market demand.