Tether Treasury Minted 1B USDT on Ethereum (ETH), Fueling Market Speculation

The news that Tether Treasury, the issuer of the USDT stablecoin, minted another 1 billion USDT tokens on the Ethereum blockchain has birthed speculations. This comes just days after the company minted 2 billion USDT on the TRON network. The fresh minting of 1 billion USDT was confirmed through an Ethereum transaction with the hash: