DeFi
Neutral
Tether Issues $500 Million USDT on Solana Within an Hour

Tether has reportedly issued $500 million (approximately 69.35 billion KRW) worth of USDT on Solana within an hour, according to Crypto Briefing. The issuance was highlighted as an example of expanding stablecoin liquidity on Solana. Crypto Briefing noted that Tether's swift USDT issuance demonstrates the growing role of stablecoins in Solana's virtual asset liquidity. However, it remains unconfirmed whether this issuance has led to actual price or trading volume changes.
Korean Source
This article is an English localization of a Korean-language crypto news report. Original headline: 테더, 솔라나서 한 시간 만에 USDT 5억달러 발행