Tether Mints $2B USDT Amid Bitcoin Surge to $119K, Signaling Institutional Demand

Tether (USDT), the largest stablecoin in circulation, has minted a staggering $2 billion in new tokens, sparking bullish sentiment across the crypto market. According to Arkham Intelligence, half of the newly issued USDT$1 billionwas immediately transferred to Binance, indicating soaring liquidity demand on the leading exchange.

Source: tokenpost.com

Related symbols: BTCUSD