Tether mints 7B USDT in six days, boosting market liquidity

Tether has minted 7 billion USDT over the past six days, increasing liquidity in the crypto market as Bitcoin surges past $90,000. According to BeInCrypto, the stablecoin issuer recently reported a record Q3 profit of $2.5 billion and is expanding into new areas, including commodities trading, with a $45 million oil transaction in the Middle East. Tether reaffirms its commitment to compliance amid ongoing regulatory scrutiny.