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COINOTAG News, citing OnchainLens data, reports a fresh issuance by the Tether Treasury on the Ethereum network this morning, adding 1 billion USDT to the circulating supply. The move underlines ongoing stablecoin issuance on major smart-contract rails, with Ethereum continuing to serve as a primary liquidity channel for Tether’s reserve-backed stablecoin. Market participants will watch for shifts in on-chain liquidity and collateral metrics as supply reacts across exchanges and wallet clusters.
Following the October 11 flash crash, OnchainLens data show that the cumulative USDT minting on Ethereum has reached $5 billion. This ongoing issuance tally emphasizes liquidity provisioning for traders and DeFi access, while risk teams track potential volatility spillovers. The focus remains on Tether’s activity on Ethereum as investors evaluate the stablecoin’s on-chain footprint and reliability.
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