Data: The USDT minting volume on Ethereum and Tron dropped from 7 billion dollars to 1 billion dollars within 6 months
ChainCatcher news, according to Bitcoinist, as of early July, the USDT minting activity on Ethereum and Tron has dropped from $700 million to $1 billion. The decline in USDT minting on Ethereum and Tron indicates a decreasing demand for cryptocurrencies. Typically, when there is a large amount of USDT being minted, the prices of Bitcoin and cryptocurrencies tend to rise.
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags
