The newly minted stablecoins could help push Bitcoin’s price above the $65,000 resistance, which is the short-term whale holder realized price. Tether, the issuer of USDT — the world’s largest stablecoin — has minted over $1.3 billion worth of stablecoins since the market bottom as investors seemingly prepare to buy the dip. Tether’s treasury has printed over $1.3 billion worth of USDT (USDT) since the market bottomed on Aug. 5. The $1.3 billion was transferred to some of the most popular centralized cryptocurrency exchanges — including Kraken, Coinbase, OKX and Bullish — according to an Aug. 9 X post by Lookonchain. Read more Source: https://cointelegraph.com/news/tether-usdt-mint-bitcoin-65k?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound