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USDT Issuer Tether Mints 3B USDT in One Week, Crypto Rally Ahead?

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Summary
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73% Informative

Tether stablecoin issuer has added 3 billion USDT to its circulating supply in just one week .

The addition of new tokens has raised concerns among traders and analysts about its effect on the cryptocurrency market.

The USDT minting occurs during a period when past trends indicate that an increase in Tether ’s stablecoin supply is often associated with rising cryptocurrency prices.