USDT Minting Sparks Bullish Sentiment: Potential BTC Price Surge Ahead

1 min read

10 months ago bitnews

Tether’s recent $1 billion USDT minting has triggered bullish market sentiment despite clarifications that the tokens are not yet in circulation. The issuance of new stablecoins could potentially drive up Bitcoin (BTC) prices as market participants remain optimistic. Tether CEO Paolo Ardoino emphasized that the minted USDT will be used as inventory for future issuance