Tether minted $5 billion USDT after the Fed's first rate cut this year
Source: CoinWorld
Time: 2025-09-20 22:46:16
Tether has issued $5 billion in additional USDT over the past week, including $1 billion in Ethereum USDT, reflecting the rise in demand after the Fed's recent rate cut by 0.25 percentage points. The additional issuance has brought Ethereum's USDT supply to US$81 billion, exceeding Tron's US$78.6 billion. Tether CEO Paolo Ardoino noted that over 3.5 million new wallets holding at least $1 USDT have been added in the past 90 days, an increase of nearly three times that of other stablecoins.