Bullish signal? Data shows that $3 billion USDT flowed into these crypto exchanges in just three days

USDT’s market capitalization currently exceeds $106.6 billion.

Tether Treasury has been actively minting USDT tokens amid volatile market conditions.

Latest data shows that Tether Treasury actively minted $3 billion worth of USDT tokens in just three days. These tokens are then distributed on the Ethereum and TRON blockchains. This surge in USDT issuance has aroused market curiosity about its direction.

Since April 1, approximately $2.55 billion in USDT has flowed into well-known cryptocurrency exchanges including Binance, Bitfinex, Kraken and Coinbase.

Bitfinex received $1.018 billion in USDT, Kraken and Binance received $824.1 million, and the largest confirmed coin inflow was $614.6 million. At the same time, Coinbase also received $93.8 million in USDT.

The inflow of USDT has raised questions in the community, and there are speculations about whether investors who have been waiting on the sidelines are preparing to enter the market. Prices have been falling recently, which provides investors with a good "buy the dip" opportunity.

Tether has seen a significant increase in its dominance of the stablecoin market over the past few years. As digital asset prices have rebounded broadly this year, USDT has surpassed $100 billion in market capitalization and continues to hold the largest share of the stablecoin market.

The stablecoin issuer recently expanded its Bitcoin holdings by acquiring 8,889 Bitcoins worth over $627 million. The purchase boosted Tether’s Bitcoin reserves, bringing its total to 75,354 BTC.

The move is part of its wider plan to allocate up to 15% of corporate profits from surplus USDT stablecoin reserves to Bitcoin.

Recently, Tether announced that it has completed a System and Organizational Control (SOC) 2 Type 1 audit, which is considered the first step towards achieving the highest level of security compliance. Through this audit, Tether demonstrated its transparency and reliability in internal controls and operational efficiency, which are critical to enhancing market trust and advancing its position in the cryptocurrency space.

The completion of the SOC 2 Type 1 audit not only proves Tether’s commitment to the security of its systems and data privacy protection, but also lays a solid foundation for the company’s further compliance efforts in the future.

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