Tether minting 2 billion USDT, will it become the catalyst for the next round of Bitcoin (BTC) pump?

According to Gate news and AmbCrypto, amid increasing macro pressure, the largest stablecoin issuer Tether minted USDT worth $2 billion. Analysts believe that this move is more deliberate than a routine operation. The market's reaction to the recent fear, uncertainty and doubt (FUD) has been surprisingly calm. Investors who buy the dips quickly entered the market, and the price structure remained strong, which typically indicates that there is powerful strength lurking behind the scenes.

Tether has just minted USDT worth $2 billion on the TRON blockchain, divided into two batches of $1 billion each. Previously, Tether minted USDT worth $1 billion on Ethereum on June 18, just before the latest FOMC meeting of the Federal Reserve.

This timing is not a coincidence. Recently, the issuance of USDT often coincides with market pressures driven by macroeconomic factors, indicating that Tether may be preparing for a surge in demand.

Moreover, signs have already emerged. Since the outbreak of tensions in the Middle East, the circulation of USDT has quietly decreased by 150 million, consistent with Bitcoin's decline of 2.35%.

(Source: Glassnode)

This may indicate that capital is shifting towards the over-the-counter market for stablecoins – a typical hedging behavior. So, does the latest issuance of 2 billion USDT reflect a market correction, thereby putting pressure on the support structure of Bitcoin?

Not at all. As emphasized by AmbCrypto, the market reaction has been quite muted. More notably, on June 22, the net inflow of USDT into exchanges reached a monthly high of 785 million.

From a structural perspective, the increase in stablecoin inflows typically precedes an uptick in market participation. This is a signal of capital preparing to be deployed.

Abundant liquidity, Bitcoin waiting to trigger

As long as Bitcoin maintains its position, the new $2 billion USDT could be a game changer. Even with heightened risk aversion in the market, BTC is still flowing out of spot exchanges. This is not entirely consistent with the panic expectations of the people.

(Source: CryptoQuant)

It seems that traders are viewing this drop more as a Buy the Dips opportunity. Moreover, if USDT continues to flow in and smart money starts to enter in small amounts, this off-exchange capital could ignite the next round of Bitcoin breakthroughs.

If this happens, Tether's major strategic deployment could yield huge returns on BTC's price trend—this is a trend worth monitoring in the coming days.