Tether Mints $1 Billion USDT on Ethereum Amid Surging Stablecoin Activity

On November 18, Tether Treasury minted an additional $1 billion USDT on the Ethereum network, according to Etherscan data. This transaction follows a similar issuance earlier in the month on the Tron network, signaling Tether’s continued efforts to meet rising market demand. The newly minted stablecoins, authorized but not yet distributed, will...