Tether Issues $80 Million USDT and Redeems $15 Million USDT

According to Foresight News, ChainArgos monitoring has revealed that Tether issued $80 million USDT yesterday and redeemed $15 million USDT. This activity highlights the ongoing adjustments in Tether's supply, reflecting the dynamic nature of the stablecoin market. The issuance and redemption of USDT are part of Tether's regular operations to maintain its peg to the US dollar and ensure liquidity in the cryptocurrency market. These transactions are closely watched by market participants as they can influence trading volumes and market sentiment.