Tether, el principal emisor de monedas estables, ha canalizado 1.250 millones de USDT hacia intercambios centralizados en las últimas 24 horas a medida que la demanda de activos digitales continúa aumentando. El actual resurgimiento del mercado criptográfico ha creado una creciente demanda de monedas estables que contribuyen significativamente al creciente ecosistema criptográfico.
El emisor de la moneda estable USDT ha vuelto a aparecer en el radar por canalizar 1.250 millones de USDT desde Tether Treasury a intercambios centralizados. El flujo de fondos se atribuye a la creciente demanda de criptomonedas tras el reciente frenesí de activos digitales que hizo que los precios de las criptomonedas se dispararan.
Según datos de la plataforma de análisis blockchain Lookonchain, las monedas estables se canalizaron a intercambios centralizados como Kraken y Bitfinex.
¡Se están inyectando enormes cantidades de fondos en el mercado de las criptomonedas!
¡En las últimas 24 horas, ~1.25 mil millones de dólares USDT fluyeron desde #TetherTreasury a los intercambios! pic.twitter.com/R7Roi87lca
- Lookonchain (@lookonchain) 13 de noviembre de 2024
The transactions are part of a series of recent actions by Tether. Lookonchain reported that Tether minted 2 billion USDT, causing BTC to soar to an all-time high of $89,500 on November 10th.
The blockchain analytics platform also noted that on November 11th, the stablecoin issuer minted another 2 billion USDT, which was also pushed to centralized exchanges.
The USDT issuer also processed another 2 billion USDT mint on the Ethereum network. However, this mint was specifically conducted for inventory replenishment on the Ethereum network. Tether had previously announced coordination with a third-party exchange to perform a chain swap to convert some of their USDT from different blockchains to USDT on Ethereum. Tether emphasized that the USDT supply will not change during the process.
According to Tether’s announcement, the chain swap process will swap 1 billion USDT on TRC20, 600 million USDT on AVAX (C), 300 million USDT on NEAR, 75 million USDT on CELO, and 60 million USDT on EOS to the Ethereum network. Tether’s CEO, Paolo Ardoino, confirmed the mint and said the amount will be used as inventory for the next period of issuance and chain swaps.
According to data from CoinMarketCap, Tether is the largest stablecoin issuer, with a market cap of $125 billion and a 24-hour trading volume of $251 billion at the time of this publication. Stablecoin issuer Circle follows Tether with a market cap of $36 billion and $19 billion traded in the last 24 hours. DAI trails in third with a market cap of $5 billion and $236 million traded in the previous 24 hours.
According to Tether’s transparency page, most stablecoins have been issued on the Tron network. Tron’s total authorized USDT supply is $61.7 billion, and the authorized but not issued supply is $982 million, bringing the net USDT circulation to $60 billion.
Ethereum follows Tron closely behind with the second-largest USDT supply. Tether has minted a total authorized USDT supply of $60 billion and $191 million unauthorized but not issued USDT. The total USDT in circulation on Ethereum is $60.7 billion.
The USDT issuer has also recently undertaken more developments. The company recently unveiled a Wallet Development Kit (WDK) for businesses and developers. The open-source modular software development kit will allow users to integrate non-custodial wallets and user experiences for Bitcoin and USDT in any device, application, and website. The kit offers a full self-custodial toolkit to users, allowing developers to build advanced desktop, mobile, and wallet experiences.