Tether Mints 2 Billion USDT as Bitcoin Price Reclaims $119,000

The cryptocurrency market is in a bullish frenzy as Tether (USDT) stablecoin has stunned the space with a large minting of 2,000,000,000 USDT. According to Arkham Intelligence, a crypto analytics platform, immediately after issuing a large volume of USDT, Tether sent half to Binance.

Source: u.today

Related symbols: BTCUSD