Tether Has Now Minted Over $1 Billion USDT This Month – April 28

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$7,726

Bitcoin price ranged within the mid to high 7,000s for another day of trading, at it fails to break the $7,800 mark on a small upward push.

Top-20 altcoins have performed well, with XRP gaining 6%, Ethereum gaining 1.5%, and Stellar stealing the spotlight with a 10% rise.

Top Stories for April 28, 2020 🔥

👉 Tether Has Now Minted Over $1 Billion USDT This Month

Stablecoin company Tether have now printed more than $1 billion worth of USDT this month alone – its greatest single-month rise ever. The milestone was hit as Tether minted 240 million USDT on Monday morning, followed by another 89 million today.

Each large mint has been addressed by Tether CTO on Twitter, claiming that they are “inventory” for future issuance. He is yet to make a statement about the latest two prints.

👉 Bank of Canada Considering Launching Digital Currency to Replace Cash

The Bank of Canada is reported to be considering launching a digital currency, which would gather information on how people spend their money.

The currency would also be designed to combat other cryptocurrencies and work alongside cash, before completely replacing it.

👉 Solana Team Under Fire for Secretly Unlocking Tokens

The team behind cryptocurrency project Solana has come under fire for secretly unlocking 11.3 million extra tokens for themselves, which are not due to be unlocked for almost another year.

After questioning from the community, the team stated that the tokens were taken out and “loaned”
for market-making.