Tether issued 1 billion USDT, with a circulating supply surpassing 82 billion USD, possibly in response to The Federal Reserve (FED) interest rate hikes.

[Chain News] Recently, Tether, the issuer of USDT, has once again conducted a large-scale issuance. According to on-chain data, Tether issued 1 billion USDT through smart contracts on March 23, and the current Circulating Supply has reached 82 billion USD.

It is worth noting that this issuance coincides with the Federal Reserve's recent decision to raise interest rates by 25 basis points. Some analysts believe that Tether's issuance may be related to the Federal Reserve's interest rate decision, aiming to provide liquidity support for potential market fluctuations following the rate hike.

Historically, the issuance of Tether is closely related to market demand and the overall economic environment. Tether has previously conducted large-scale issuances around important economic events to address potential market fluctuations.

However, the issuance of Tether has also raised concerns among some market participants. Some believe that large-scale issuance could impact the stability of USDT and may attract the attention of regulatory agencies.

In this regard, Tether has not yet made a public response regarding this issuance. However, the company has previously emphasized that all USDT are backed by sufficient USD reserves and are regularly subject to third-party audits.

Overall, Tether's issuance of 1 billion USDT will undoubtedly inject more liquidity into the cryptocurrency market, but its long-term effects remain to be observed. Market participants need to closely monitor Tether's subsequent moves and the impact of this issuance on the overall cryptocurrency ecosystem.