Market
What will be identified as the major factor influencing Tether's decision to mint 1 billion USDT by March 31, 2025?
2
Resolution / Starting Odds
Market Demand • 25%
Regulatory Compliance • 25%
Strategic Partnership • 25%
Other • 25%
Interviews with Tether executives, official statements, or financial analysis reports
Story
Tether Mints 1 Billion USDT on Ethereum Amid Abu Dhabi Bitcoin Conference, Total Supply Hits 20 Billion
Dec 11, 2024, 01:57 PM
Tether has minted 1 billion USDT on the Ethereum blockchain, bringing the total USDT supply on Ethereum and Tron to 20 billion since November 6. This significant minting occurred while the Bitcoin Conference was taking place in Abu Dhabi, raising questions about the timing. The market cap of USDT now stands at $138.6 billion, with the total stablecoin supply surpassing $200 billion for the first time. This move has led to speculation about the future of stablecoins and potential market impacts.
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Similar markets
Positive impact on USDT price • 25%
Negative impact on USDT price • 25%
No significant impact • 25%
Volatility increase • 25%
Increase by less than 10% • 25%
Decrease • 25%
No significant change • 25%
Increase by more than 10% • 25%
No • 50%
Yes • 50%
Solana • 25%
Other • 25%
Tron • 25%
Ethereum • 25%
