Tether Unleashes $1 Billion In New USDT As Crypto Market Recovers

Tether minted 1 billion in USDT on Wednesday, a move that market watchers say added fresh liquidity to crypto markets already moving ￰0￱ Reading: $160K Bitcoin By Christmas? Analysts Say It’s Still Possible Based on reports, the total crypto market cap bounced from an intraday low near $3.80 trillion to about $3.90 trillion on the same day, while Bitcoin traded around $112,300 and Ether reclaimed levels near $4,600. The minting stood out because it often signals ready cash that can be deployed quickly into exchanges and trading ￰1￱ Minting Sparks Liquidity Flows New USDT issuance is frequently used to fund purchases, and the 1 billion issuance was flagged by on-chain trackers as a likely source of fresh buying ￰2￱ and other trackers show that the number of addresses holding at least 1,000 BTC rose by 13 to about 2,085 since the start of ￰3￱ the same time, wallets holding at least 10,000 ETH increased by 48 to roughly 1,27.

On August 26, US spot ether ETFs recorded about $450 million in net cash inflow, led by BlackRock’s ETHE with roughly $320 million that ￰4￱ pushed cumulative inflows into spot ether ETFs to near $13.30 billion, while US spot Bitcoin ETFs took in about $88 million with BlackRock’s IBIT posting roughly $45 ￰5￱ freshly minted USDT could be used by traders and desks to buy into Ether and other altcoins, matching the observable rotation from Bitcoin into alternative assets and ETF-linked ￰6￱ Accumulation Intensifies Large holders were not the only sign of ￰7￱ volumes and price moves showed altcoins gaining traction, but it was the flow of stablecoins that underpinned the ￰8￱ stablecoin supply rises, it lowers the friction for big buys: money can be moved to exchanges and executed faster than waiting for bank ￰9￱ operational detail helps explain why a billion mint draws attention even when headline prices are already ￰10￱ immediate effect of the mint was to give traders extra readily available ￰11￱ liquidity injections are a two-sided ￰12￱ can push prices higher if buyers are aggressive, while concentrated buying and later profit-taking can cause sharp ￰13￱ Reading: Dogecoin Gears Up For Triple Surge ￰14￱ – Details What Tether Minting Could Mean For Markets Market observers are watching liquidity, whale wallets, and ETF flows together because the mix determines whether a sustained capital rotation into altcoins will follow or if gains will be short lived.

Tether’s 1 billion USDT mint was the clearest single signal of added spending power during Wednesday’s ￰15￱ supply, paired with heavy inflows into Ether ETFs and signs of whale accumulation, creates a setup where altcoin demand can grow ￰16￱ image from Meta, chart from TradingView