May 2021 - Tether reveals its reserves breakdown for the first time since 2014. Join now. The largest market cap increase was on March 31 when over $1.5 billion in USDT tokens flooded the markets. Voices are being raised to apply suitable restrictions on minting so that demand-supply mechanics are not distorted. Itâs interesting to see if this will have any positive impact on Bitcoinâs price, given the fact that the infusion comes right after BTC surged upwards of $700 in 24 hours. 24 h: â¬64,,,Dominanz: BTC: % ETH: %ETH-Gas: 38 Gwei. Tether (USDT) explorer â Blockchair Tether Treasury is on a minting spree as bitcoin's price rose above ... Welcome offers from AAX Exchange. Spider-man Ps4 Gloria Voice Actor, Umass Amherst Lacrosse Division, Nutmeg 200 Cashback, Conquest Of Paradise Imdb, Beyond Bank Marion, Decision Making Hierarchy, How To Register An Etf, Share This. USDT is up by +0.19% in the last 24 hours with a volume of $53.3B . Tether ( USDT) is a cryptocurrency stablecoin pegged to the U.S. dollar and backed "100% by Tether's reserves," according its website. Tether Treasury Continues Printing Spree By Minting Back on the 20th of March, 2020, Tether had issued out a staggering 240 million in USDT, having done so in just under three days. A paucity of audits of its reserves and an unwillingness to hand over data to regulators stokes the fire of concern, leading critics to believe that Tether is minting coins out of thin air. Those transactions coincided with a slight rally in the market and were similarly conducted to several that occurred this past July when another rally happened.