Tether has minted around $1.3 billion in new USDT since the crypto market hit a local bottom on Aug. 5, according to on-chain data discussed in CoinTelegraph’s report. The issuance occurred as Bitcoin recovered from a sharp drawdown and traders speculated whether fresh stablecoin liquidity could help push BTC back above the $65,000 level. This was described as Tether’s largest single-day mint in over a year, highlighting the scale of new dollar-pegged liquidity entering the market. The story matters because USDT remains the dominant stablecoin by market capitalization and is a key source of liquidity across spot and derivatives markets. Large mints are interpreted by many market participants as a signal of rising demand for crypto exposure or for dollar liquidity within exchanges, though Tether maintains that tokens are only created in response to customer orders and are fully reserved. The move comes amid a broader environment of growing stablecoin circulation and ongoing debate over how large, privately issued dollar tokens may influence Bitcoin’s price dynamics and the structure of global crypto markets.

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