
Lookonchain|May 21, 2025 13:29
Tether minted another 2B USDT an hour ago. Will this drive BTC's price up?
In 2015, #Tether minted a total of 15.7B USDT(including burns) on #Tron and #Ethereum.
As shown in the image below, Tether's minting of USDT has typically led to a rise in BTC's price.
From April 23 to May 7, #Tether minted 6B USDT, pushing the price of BTC to break through 100K again after 3 months.
On May 15, #Tether minted 2B USDT, and then the price of BTC broke through 105K.
So, will this latest 2B USDT mint by #Tether push BTC's price to a new all-time high?
https://intel.arkm.com/explorer/entity/tether
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