Tether (USDT) Supply Increases on All Networks Ahead of Possible BTC Rally

Tether (USDT) is on the move, possibly preparing for an extension of the (BTC) bull market. In the past, fast issuances of USDT have been linked to a price climb for BTC, a trend still noticeable in 2019.

The newly minted USDT has entered the markets in the past days, increasing the supply to above 3.5 billion coins. On the network, an additional 100 million USDT were minted, taking the entire supply to 900 million.

The efforts to boost the supply of USDT have led to a lower turnover for each coin, down to

This article appeared first on Cryptovest

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