Tether moves the bull run – the company injected 37 billion USDT into the market over the last year. This is one of the main factors for achieving two ATHs in 2024

The essence is that Tether provides liquidity for buyers, who push the price up. For example, in the last 12 hours, they injected 1.845 billion USDT into exchanges:

▪️$1.706 billion on Binance

▪️$101.7 million on Coinbase

▪️$20 million on OKX

▪️$17.86 million on Kraken

Without this, buyers would not have had enough USDT available in the market to move upwards.