Tether Minting Billions of USDT
Recently, Tether Holdings minted $1 billion of the stablecoin USDT on Ethereum. This is the second time they have released $1 billion USDT, bringing the total amount generated in 2023 to over $16 billion. Tether’s chief technology officer, Paolo Ardoino, stated that this minting was a “restoration of inventory” on Ethereum and will not affect the overall market cap of USDT. Instead, the newly generated USDT will be used for future issuance requests and chain swaps, which are transfers of digital assets between blockchains to balance liquidity.
Rising Demand for the InQubeta Presale
InQubeta is a platform that allows fractional investment in AI startups through its native token, QUBE. The platform also has an NFT marketplace where AI startups list reward and equity-based NFTs for investment. As more investors show interest in the protocol and startups, the demand for QUBE is increasing. This surge in demand has pushed the InQubeta presale amount closer to the $2 million mark.
Conclusion
The growing interest in investing in AI startups through the unique investment opportunity provided by QUBE and InQubeta’s NFT marketplace has led to a surge in demand for the InQubeta presale. This increased demand is driving more investors to participate in the platform and support the growth of AI technology startups. As a result, the presale is approaching its target of $2 million.
Venturing into AI startups can be a promising investment opportunity. Keep an eye on the rising demand for QUBE and the InQubeta presale as they continue to gain traction in the crypto market. Though it’s always important to conduct thorough research and assess the potential risks before making any investment decisions.
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