Tether issues $5B in USDT after Fed rate cut

Tether has issued USDT worth $5 billion since the U.S. Federal Reserve's September interest rate cut, suggesting a renewed increase in demand for digital assets, BeInCrypto reported. Data from DeFiLlama shows that the Ethereum chain hosts $81 billion in USDT, accounting for approximately 45% of the total circulating supply. The Tron chain follows with $78.6 billion in issued USDT.