Is It a Bird? Is It a Plane? No, It’s Tether’s Bloated Billions! 💰🚀

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Tether, in a dizzying pirouette of monetary audacity, has conjured into existence a staggering $5 billion in USDT, all within the ephemeral span of a week. This feat underscores an almost palpable resurgence in the appetite for digital assets, prompted by the US Federal Reserve’s considerate little nudge-its latest interest-rate cut.

On the 19th of September, our digital sleuths at Onchain Lens unearthed the scintillating tidbit that the stablecoin sorcerer had audaciously minted another $1 billion in tokens on the illustrious blockchain stage of Ethereum.

Tether: The Great Expansionist with $5 Billion A Week Flair

This princely sum piled on top of the previously minted $4 billion, just prior to the theatrics of the Federal Open Market Committee (FOMC) confab on September 17.

At this illustrious gathering, the venerable Federal Reserve Chair, Jerome Powell, lifted the veil on a 0.25 percentage point decrease in the benchmark rate-deemed the first daring cut of 2025-and hinted, oh-so-coyly, that more easing may be on the horizon.

Such a maneuver, likened to reducing the weight of one’s borrowing shackles, often serves as a catalytic spark to risk assets, those capricious children of the financial playground, including the ever-mischievous cryptocurrencies.

Market savants, with their illustrious crystal balls, assert that stablecoins, particularly our dear USDT, stand to gain from such frolicsome times. They act both as a spritely gateway to the crypto carnival and a sturdy lifeboat during tempestuous waters.

Thus, Tether’s dizzying production rate during this week may reflect not just an expansion of its cosmic presence, but a subtle dance of investors positioning themselves ahead of the grand shifts in the macroeconomic ballet.

In the meanwhile, the latest generous minting has intricately rearranged the stablecoin seating chart across different blockchains.

Dazzling data from DeFiLlama reveals that Ethereum now boasts an enormous $81 billion worth of USDT, accounting for an impressive 45% of our digital coinage. That puts it in a commanding lead, leaving Tron, with its humble $78.6 billion, to trail behind like an awkward prom date fighting for attention.

Meanwhile, smaller fortunes are scattered on Binance’s BNB Chain and the ever-charming Solana.

This elaborate ballet of distribution fortifies Tether’s iron grip on the $292.6 billion stablecoin theater, where USDT alone hogs the spotlight with a commanding 59% of the market share, totaling an impressive $172 billion.

In a twist that surprises no one, Tether’s top bard, CEO Paolo Ardoino, proudly proclaimed USDT’s sprightly ascendancy in the digital realm.

USDT brings digital dollar savings to the world, adding 2.9x more new $1+ holders than all other stablecoins combined over the past 90 days

– Paolo Ardoino 🤖 (@paoloardoino) September 19, 2025

With slightly more than 3.5 million new wallets now cradling at least a dollar of USDT in their digital bosoms over the past 90 days-an astounding triple the combined growth of its rival stablecoins-this surge solidifies its majestic reign at the very nexus of crypto liquidity.

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2025-09-20 18:17