Is Tether Facing a Potential Collapse? $2 Billion Mint Fuels Growing Concerns
Tether (USDT), recognized as the world’s leading stablecoin with a market cap exceeding $157 billion, finds itself in troubled waters. Recent revelations from an on-chain analyst have sparked significant concerns regarding its stability. An alarming $2 billion mint has raised eyebrows and could signal potential risks that may disrupt the entire cryptocurrency market.
Investors are advised to keep a close watch on these developing issues, as ignoring them could have serious implications for the stability of Tether and the broader crypto ecosystem.