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Large USDT Minting Signals Stable Supply Growth
A significant amount of 20 million USDT, valued at approximately $20 million, was minted and transferred to the Tether Treasury. This transaction occurred on the Liquid blockchain and is part of a network with a market cap of $161.3 billion. The recent 24-hour change in USDT's supply was negligible at 0.07%.
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AI Analysis
The recent minting of 20 million USDT signifies a notable increase in Tether's circulating supply, executed on the Liquid blockchain platform. Given the stable 24-hour change of only 0.07%, it suggest...
AI Recommendation
Considering the recent stable minting activity of USDT and the negligible change in supply, there is no immediate concern regarding market stability or pegs. Investors and traders should continue to m...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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