Over the past 2 weeks, Tether has printed another 3 billion USDT

Over the past 2 weeks, Tether has printed another 3 billion USDT

This Saturday, another 1 billion USDT was released on the TRON blockchain. The total stablecoin supply is around 76 billion.

The company continues to issue USDT despite critics claiming that Tether does not have enough cash to fully meet its reserves. Supposedly, only 2.9% of the USDT supply is backed by dollar reserves.



Tether issued 5 billion USDT in November and another 1 billion on December 4th. The total supply is about 76 billion.


Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies


According to beincrypto.com

You May Also Like

1472018-11-27

Binance Creates a Common Market for Stable Coins

The largest cryptocurrency platform Binance announced the creation of a new platform - a single market for stablecoins. Company representatives have not disclosed any details regarding the new market, but we do know that USDT will be part of this platform.

Stock, Stable coins
552021-10-27

Tether will start collecting user data

The issuer of the largest stablecoin, Tether (USDT), has announced the start of testing a new product, Notabene, that ensures compliance with international money laundering requirements.

Stable coins

Latest articles from Stable coins category