Tether continues to expand: Publication of 1 billion USt strengthens market presence and improves interoperability

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Tether, einer der führenden Emittenten von Stablecoins, hat seine Präsenz auf dem Kryptowährungsmarkt weiter ausgebaut. Durch die Freigabe von zusätzlichen 1 Milliarde USDT für das Ethereum- und TRON-Netzwerk stärkt Tether seine Marktdominanz und verbessert die Interoperabilität seiner Währungen. Whale Alert, ein On-Chain-Analysekonto, das bedeutende Kryptowährungstransaktionen überwacht, lenkte die Aufmerksamkeit auf diesen Schritt von Tether. In einem Tweet gab Whale Alert bekannt, dass der Bestand von Tether im TRON-Netzwerk um 1 Milliarde USDT aufgestockt wurde. Paolo Ardoino, der CTO von Tether, antwortete auf diesen Tweet und erklärte, dass die Ausgabe noch nicht erfolgt sei, jedoch bereits genehmigt wurde. Dies lässt darauf …
Tether, one of the leading issuers of stablecoins, has further expanded his presence on the cryptocurrency market. By releasing an additional 1 billion USDT for the Ethereum and Tron network, Tether strengthens its market dominance and improves the interoperability of its currencies. Whale Alert, an on-chain analysis setting that monitors significant cryptocurrency transactions, drew attention to this step by Tether. In a tweet, Whale Alert announced that Tether's existence in the tron ​​network was increased by 1 billion USDT. Paolo Ardoinino, the CTO of Tether, replied to this tweet and explained that the output had not yet been made, but has already been approved. This releases ... (Symbolbild/KNAT)

Tether, one of the leading issuers of stablecoins, has further expanded its presence on the cryptocurrency market. By releasing an additional 1 billion USDT for the Ethereum and Tron network, Tether strengthens its market dominance and improves the interoperability of its currencies.

Whale Alert, an on-chain analysis company that monitors significant cryptocurrency transactions, drew attention to this step by Tether. In a tweet, Whale Alert announced that Tether's existence in the tron ​​network was increased by 1 billion USDT. Paolo Ardoinino, the CTO of Tether, replied to this tweet and explained that the output had not yet been made, but has already been approved. This suggests that the tokens should be used for future output inquiries and chain exchanges.

The issue of 1 billion USDT in the tron ​​network could indicate an increasing demand for stablecoin, which would explain why Tether created such a large offer for future purposes.

Current data from Conecko show that Tether market capitalization has increased by $ 2.6 billion in the past 90 days. In contrast, the USD Coin (USDC) recorded a decline in its market capitalization by $ 4.6 billion in the same period. These numbers indicate a shift in market dynamics, in which Tether establishes itself as a leading stable coin. With around 65% of the total market capitalization of stable coins, Tether continues to strengthen his position as a trustworthy and widespread digital currency.

A large influx of stable coins into the cryptom market can often serve as a bullish indicator of digital assets. If more USt is available on the market, purchasing power increases. A report on the on-chain data analysis platform Santiment points out that investors should look for the range of stable coins. An increase in stablecoins such as USDT and USDC could mean that something "brides" on the market.

If the majority of the newly shaped USDT flows to centralized stock exchanges, this could indicate that investors are trying to invest in volatile cryptocurrencies. This could lead to an upward rally for assets such as Bitcoin and Ethereum and trigger a bull market.

The further expansion of Tether and the increasing acceptance of stable coins have a significant impact on the cryptom market and can cause long -term changes in the cryptocurrency landscape. It remains to be seen how this development will continue and what effects it will have on the wider market.