$120 Million in Tether Was Just Minted, and That’s Big for Bitcoin

While the size of Bitcoin’s community has been shrinking over the past few months, one part of the crypto industry has been consistently growing: the market capitalization of Tether’s USDT, the leading dollar stablecoin. The cryptocurrency, now the fourth-largest by market capitalization, has been responding to an increase in demand over the past few weeks, with Twitter account Whale Alert tracking a series of transactions indicating USDT is in high demand. Just today, on April […]

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