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Ethereum Network Receives Fresh 1 Billion USDT Supply as Tether Treasury Issues New Tokens
Tether Treasury has released another substantial batch of USDT tokens directly onto the Ethereum blockchain, with the latest injection amounting to 1 billion units valued at approximately $1.0011 billion, according to blockchain monitoring platform Whale Alert on August 15.
This significant minting event highlights the continued demand for stablecoin liquidity on Ethereum, reinforcing the network’s dominance in USDT to ETH trading pairs and cross-chain value transfers. The newly issued tokens add to the extensive USDT ecosystem operating across multiple blockchain networks, with Ethereum remaining a primary hub for stablecoin activity and DeFi operations.
Such regular capital increases from Tether Treasury typically reflect market conditions and liquidity requirements, ensuring sufficient USDT supply for trading, lending, and settlement purposes across decentralized and centralized platforms. The move underscores the importance of maintaining robust stablecoin availability for traders navigating the cryptocurrency market.