Tether (USDT) Prints New Coins as Treasury Runs Out of Funds

Cryptovest

Published Apr 26, 2019 04:03AM ET

Updated Apr 26, 2019 05:22AM ET

Tether (USDT) Prints New Coins as Treasury Runs Out of Funds

The USDT coins have proliferated again, with a circulating supply of more than 2.8 billion, up from under 2 billion coins just a few months ago. The influence of USDT is seen as one of the chief drivers of Bitcoin (BTC) price movements. As of Friday, more than 71% of all BTC trades were in the pairing with USDT.

For the new series of USDT minting, Tether has changed the address