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Tether, the issuer of the world’s largest stablecoin, has minted over $1.3 billion worth of stablecoins since the market bottom, as investors are seemingly preparing to buy the dip. Tether’s Treasury printed over $1.3 billion worth of Tether USDt (USDT) since the market bottomed on Aug. 5. The $1.3 billion was transferred to some of the most popular centralized cryptocurrency exchanges (CEXs), including Kraken, Coinbase, OKX and Bullish, according to an Aug. 9 X post by Lookonchain. Large stablecoin inflows to crypto exchanges could signal incoming buying pressure since stablecoins are the mai…

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