🪙 #Tether printed 3 billion #USDT in the last 4 days.

What are your thoughts on this? Does this signify an impending market crash?

#News

#Opinion

🪙 S&P Global states that if the United States passes a new law on stablecoins, it will limit the issuance volume for organizations without a banking license to $10,000,000.

In easy terms, if the #Tether law is passed, it won't be able to print #USDT in the billions anymore 💧

⚡️The US will start fighting against #Tether

Brad Garlinghouse, the CEO of Ripple Labs, announced the US government's confrontation with the USDT issuer on Chris Vasquez's podcast.

🎙Brad called Tether an essential part of the crypto ecosystem and noted that organized pressure on the company, in his opinion, could have unpredictable effects on the entire industry and become another "black swan" event.

Do you share the opinion of the CEO of Ripple Labs? 🤔

🪙 CryptoQuant believes that the recent surge in stablecoin inflows could lead to increased volatility in BTC

#KickEX_Explains

🔼 The influx of new stablecoins into the market is a traditional bullish signal for traders. The introduction of new stablecoins into the market represents the conversion of fiat money into digital currencies, which market participants view as an influx of new funds into the crypto ecosystem.

🕯 Often, news that the company #Tether has issued several billion #USDT indicates that someone has come and bought them for the equivalent of fiat money, and presumably, these billions will be spent on buying cryptocurrencies.

🎢 This, in turn, encourages traders to increase their activity in cryptocurrency speculation in anticipation of catching a good upward movement.

#Analytics

🪙 #Tether has frozen 4 addresses holding a total of $53 million

As the issuer, Tether has full control over the issued #USDT, which, despite the convenience of stablecoins, makes these funds almost as controllable as fiat currencies.

Remember this 🧠

#News