Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Title: Tether’s $1 Billion USDT Issuance Sparks Debate: Stock Replenishment or Market Manipulation?
ADOPTION NEWS

Title: Tether’s $1 Billion USDT Issuance Sparks Debate: Stock Replenishment or Market Manipulation?

By Crypto FlexsDecember 27, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Title: Tether’s  Billion USDT Issuance Sparks Debate: Stock Replenishment or Market Manipulation?
Share
Facebook Twitter LinkedIn Pinterest Email

Tether, the largest stablecoin operator, made headlines on Christmas Day by issuing 1 billion USDT (Tether) on the Ethereum blockchain. This movement is explained as follows. Paolo Ardoino, Tether’s CTO and new CEO, is part of what the company calls a restocking of “licensed but unissued.” This means that the tokens are ready for future issuance requests and chain swaps, but are not yet in circulation.​​​.

In traditional finance, inventory replenishment involves stocking goods in anticipation of future demand and preventing stockouts and surplus inventory. Tether adopts this approach by creating new USDT tokens, which are stored as reserves in the company’s treasury. These tokens will not be released to the market immediately and will not contribute to the overall market capitalization of USDT.​​​.

Minting has raised skepticism and concerns about transparency among industry observers. Some have questioned the decision-making process of these large mints and speculated about the potential impact on the Bitcoin market. Critics suggest that this action by Tether could be a strategy to inflate USDT supply or even manipulate the price of Bitcoin without proper support.

Despite these concerns, Tether has seen significant growth over the past year. The market capitalization has surged about 38% since January 2023, breaking a new record. This growth has been fueled in part by Tether’s growing involvement in Bitcoin-related activities, including plans to purchase Bitcoin with its reserves and launch Bitcoin mining operations.

This is not the first large-scale mining event on Tether. In September 2023, a similar mint of 1 billion USDT occurred on the Tron network. Ardoino’s explanation of both events was consistent, stating that these were approvals for future issuance requests and chain swaps rather than actual issuances. This pattern of issuing large amounts and marking them as “approved but not minted” has become a recognizable strategy for Tether, regardless of the blockchain involved.​​​​​​.

The cryptocurrency industry has always been full of speculation and differing opinions. In the case of the recent Tether issuance, some industry observers have accused the company of creating USDT out of thin air and even questioned the individuals responsible for such decisions. Such speculation often leads to heated debates on social media platforms, where various theories about Tether’s motivations and potential market impact are discussed.​​​.

Image source: Shutterstock

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Its Important To Know What’s Really Going On?

June 29, 2025

Elon Musk, SpaceX And Crypto Hype: What’s Really Going On?

June 28, 2025

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Its Important To Know What’s Really Going On?

June 29, 2025

Elon Musk, SpaceX And Crypto Hype: What’s Really Going On?

June 28, 2025

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025
Most Popular

The British must accept encryption and companies must catch the ground.

January 25, 2025

Kelexo is attracting the attention of Ripple and Tether whales amid ongoing presale.

March 10, 2024

Polygon connects its EVM chain to Ethereum via a “wildly efficient” Type 1 prover, which Vitalik Buterin touted as a technological feat.

February 10, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.