- Tether minted $2 billion USDT on Ethereum as inventory, not yet circulating in the market.
- This follows a $3 billion mint a week earlier, continuing Tether’s liquidity preparation strategy.
- The mint comes as Bitcoin crosses $110,000, aligning with renewed crypto market momentum.
Tether has minted $2 billion worth of USDT in two separate transactions on the Ethereum blockchain. The transactions, each totaling $1,000,999,999, were confirmed just minutes apart. Blockchain tracker Whale Alert flagged the mints, which originated directly from the Tether Treasury.
Shortly after the mint was reported, Tether Chief Technology Officer Paolo Ardoino clarified the move on the social platform X. He stated that the minted USDT is not yet in circulation and has been created as inventory. This inventory is reserved for future issuance depending on market demand.
Consistent Pre-Minting Strategy Observed
This mint follows a $3 billion USDT issuance by Tether just a week earlier. The company often pre-mints USDT to prepare for expected spikes in trading activity. The new tokens can be activated rapidly for institutional requests, exchange needs, or blockchain swaps, reflecting a routine liquidity strategy.
The minting coincides with growing optimism in the broader crypto market. Bitcoin is currently trading above $110,000, and Ethereum has seen steady gains. Historically, such inventory mints tend to move to exchanges within days, suggesting market participants may be anticipating larger capital inflows or heightened trading volumes.
Stablecoin Demand Likely Driving Supply Preparedness
USDT remains a key trading pair and is widely used by exchanges for user deposits and collateral. Tether’s move aligns with increasing demand signals as markets regain momentum. The company’s approach is in line with previous cycles, where minted inventory supported trading surges across platforms.
Tether’s recent activity follows broader regulatory changes. The company has previously confirmed plans to launch a U.S.-specific stablecoin, aligning with new frameworks established under the Genius Act. The timing of this inventory creation may reflect adjustments to meet both domestic and global liquidity requirements.
