USDT minted on Ethereum and Tron fell from $7 billion to $1 billion in 6 months
As of early July, USDT minting activity on Ethereum and Tron fell from $700 million to $1 billion. The decrease in USDT minting on Ethereum and Tron indicates that demand for cryptocurrencies is declining. Bitcoin and cryptocurrency prices tend to rise when there is usually a large amount of USDT minted.