Tether mints $1B USDT as stablecoin issuance tops $4.7B in a week

Stablecoin issuer Tether has minted another $1 billion worth of USDT, adding to a sharp rise in stablecoin issuance over the past week, according to on-chain analytics firm Lookonchain. The latest mint brings total stablecoin issuance by Tether and Circle…