Ether turns inflationary for the first time since Merge
This marks the first period of Ethereum becoming inflationary in the past year and a half since the Merge took place.
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This marks the first period of Ethereum becoming inflationary in the past year and a half since the Merge took place.
Tether has made another bold move with its recent $16 billion USDT mint on Tron. Due to this move, the platform’s USDT supply on Tron has increased to 75.7 billion, surpassing the amount issued on Ethereum. The data was shared by popular on-chain analysis platform, Lookonchain. According to Lookonchain, Tether minted 16 billion USDT on […]
Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins in circulation that the project saw almost a year ago, in May 2022. Tether Supply Is [...]
The post Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction appeared first on Crypto Breaking News.
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