Market
What will be the market reaction to Tether's USDT minting by March 31, 2025?
2
Resolution / Starting Odds
Positive impact on USDT price • 25%
Negative impact on USDT price • 25%
No significant impact • 25%
Volatility increase • 25%
Cryptocurrency market performance data and analysis from financial news outlets
Story
Tether Mints $1.0006 Billion USDT on Ethereum Amid Abu Dhabi Conference
Dec 11, 2024, 01:40 PM
Tether, a prominent issuer of the stablecoin USDT, has minted 1 billion USDT tokens, valued at approximately $1.0006 billion, at its treasury on the Ethereum blockchain. This action adds to the 20 billion USDT minted on Ethereum and Tron since November 6, 2024. The minting was announced during the Bitcoin Conference in Abu Dhabi, raising speculation about the timing of the announcement.
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Similar markets
Market Demand • 25%
Other • 25%
Strategic Partnership • 25%
Regulatory Compliance • 25%
Decrease • 25%
Increase by more than 10% • 25%
Increase by less than 10% • 25%
No significant change • 25%
Solana • 25%
Ethereum • 25%
Other • 25%
Tron • 25%
No • 50%
Yes • 50%
