Tether’s $6B Boost Fuels Crypto Rally and Altcoin Momentum
By: cryptofrontnews|2025/05/14 04:45:06
0
Share
Tether injects $6B in USDT, fueling a crypto market rally as Bitcoin climbs to $90K and altcoins gain fresh momentum.Bitcoin has risen 350% since 2022 as Tether’s growing stablecoin supply correlates with bullish market sentiment and altcoin rotation.Tether expands gold-backed XAUT to Thailand, diversifying its offerings while supporting demand for asset-backed digital assets.As per analyst Axel's analysis, In the past 20 days, $6 billion of new USDT has entered the crypto market. Bitcoin has surpassed $90,000, a 350% increase since October 2022. Tether's market capitalization now stands at $150 billion. Bitcoin dominance fell while Ethereum and altcoins gained momentum. Moreover, Tether's expansion in Thailand with its gold-backed token signals further diversification.Bitcoin Rallies While USDT Supply SurgesBitcoin's price action from 2022 up until April 2025 involves high volatility with an overall uptrend in the long term. Bitcoin moved upward fluctuating between $15,000 to $25,000 early in 2023. December 2022 and September 2023 pullbacks temporarily halted momentum. Bitcoin went on a sharp rise in October 2023, breaking over $30,000 and continuing to break through resistance levels.Source: AxelBy the start of 2024, its value hit $45,000 and crossed further. In Q2 2024, Bitcoin reached $70,000. Later in late 2024, it crossed new all-time highs of well over $100,000. Most recently in April 2025, Bitcoin was fluctuating around $90,000. This trend goes to prove increasing investor optimism within periodic corrections.Besides, the correlation between Bitcoin’s price and USDT market cap growth became stronger in late 2023. The purple-dotted line tracking USDT market cap shows a consistent rise from $70 billion to $150 billion. Additionally, green and red shaded areas highlight 30-day market cap changes, with strong growth phases in early and late 2024.Tether Expands with Gold-Backed TokenTether’s influence isn’t limited to USDT. The company is now expanding its gold-backed token, XAUT, into Southeast Asia. Tether Gold recently listed on Thailand’s Maxbit exchange, launched via a joint venture with PTG Energy. Consequently, this marks a strategic step into regulated markets.Per Tether’s attestation, it holds over 246,000 ounces of physical gold in Swiss vaults. XAUT trades near $3,300, with a recent peak of $3,423. Its market cap now exceeds $770 million. Moreover, Tether introduced USDT in mid-2024. This over-collateralized token tracks the U.S. dollar but is backed by gold instead of fiat.The post Tether’s $6B Boost Fuels Crypto Rally and Altcoin Momentum appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
You may also like
The other side of Musk's trillion-dollar fortune: 85% cannot be sold
SpaceX's IPO is a math problem, and the answer is not on the pricing day, but in the first quarter after the lock-up period ends.
The U.S. government prohibits foreigners from using Fable 5, Anthropic issues a rebuttal
The sudden removal of the two models has caused widespread shock in the tech industry and the AI community.
Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market
The tokenization of financial assets is moving from pilot projects to large-scale implementation, but this is a gradual evolution rather than a fierce revolution.
The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?
Tech giants like SpaceX and OpenAI have sparked a $35 trillion super IPO wave. The "suction effect" is not enough to crash the stock and crypto markets, but the test of high valuations is just beginning.
Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus
Overview of Important Market Events on June 11
a16z Crypto Partner: Cash flow is the moat
Most companies spend years creating network effects on traditional infrastructure. Crypto founders inherit them as starting conditions.
Cryptocurrency market makers collectively seek change as it becomes increasingly difficult to make money
There is more and more to do.
How TradeXYZ, xStocks, and Alpaca break down the SpaceX IPO into three different strategies
The value of tokenized products ultimately depends on whether the underlying structure is sound, rather than just the price displayed on the interface.
$75 billion in risk asset redistribution: How will SpaceX's IPO affect U.S. stocks and Bitcoin?
The SpaceX IPO is short-term "capital competition" for the cryptocurrency market, while in the medium to long term, it leans towards "narrative endorsement" for Bitcoin.
Why Is BlackRock Investing $5 Billion in the SpaceX IPO?
What is driving the massive demand for the SpaceX IPO, and why did BlackRock place a $5 billion order? Learn how the historic listing could impact SpaceX stock, Bitcoin, SPCX, and crypto markets.
Morning News | CME Group launches Nasdaq Cryptocurrency Index futures; Asset management giant Janus Henderson strategically invests in Ethena
Overview of Important Market Events on June 10
Bitcoin Layer 2 Network Botanix: Why Did We Choose to Dissolve?
The Bitcoin L2 star project Botanix announced a gradual shutdown, with the team admitting to facing severe challenges from the failure of its business model and the prevailing trends. Users are urged to withdraw all assets before July 9, 2026.
Why did Oracle deliver the strongest financial report in history, yet its stock price fell?
Oracle's revenue for fiscal year 2026 set a record, with AI cloud orders soaring to $638 billion, but massive capital expenditures on computing power led to negative free cash flow, causing a 5% drop in after-hours stock prices.
When the P2P illicit funds from ten years ago turned into 60,000 bitcoins
The largest Bitcoin money laundering case in the UK has new developments: 16,000 Chinese victims are pursuing 61,000 seized Bitcoins across borders, and the dispute over the applicability of UK and Chinese laws will directly determine whether the victims can share in the soaring profits.
Dialogue with OmenX Founder: Why does the prediction market need an evolution from "spot" to "derivatives"?
How to reconstruct the prediction market using leverage?
Galaxy in-depth report: Is Solana still worth paying attention to?
Solana did not fall behind during the bear market. Trading enthusiasm has waned, but the network is more stable, RWA and stablecoins are expanding, and the capital foundation is much thicker than in the previous cycle. The real question is: when the speculative tide recedes, can perpetuals, predicti...
Young people in South Korea make a "final effort" in the epic bull market
The South Koreans' average of two accounts for wildly gambling in the chip bull market reflects the survival anxiety and harsh reality of countless young people trying to break through class barriers behind the nationwide stock trading frenzy for wealth.
The pricing controversy of Trade.xyz exposes the fatal weakness of Pre-IPO perpetual contracts
SpaceX's equity update has sparked controversy over on-chain liquidations. Trade.xyz refuses to reset the SPCX pricing, and the lack of a Rebase mechanism in Perp DEX has led to a significant trust test for on-chain Pre-IPO assets.
The other side of Musk's trillion-dollar fortune: 85% cannot be sold
SpaceX's IPO is a math problem, and the answer is not on the pricing day, but in the first quarter after the lock-up period ends.
The U.S. government prohibits foreigners from using Fable 5, Anthropic issues a rebuttal
The sudden removal of the two models has caused widespread shock in the tech industry and the AI community.
Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market
The tokenization of financial assets is moving from pilot projects to large-scale implementation, but this is a gradual evolution rather than a fierce revolution.
The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?
Tech giants like SpaceX and OpenAI have sparked a $35 trillion super IPO wave. The "suction effect" is not enough to crash the stock and crypto markets, but the test of high valuations is just beginning.
Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus
Overview of Important Market Events on June 11
a16z Crypto Partner: Cash flow is the moat
Most companies spend years creating network effects on traditional infrastructure. Crypto founders inherit them as starting conditions.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
