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Tether Accidentally Minted $5 Billion of Its Stablecoins, Then Deleted Them

Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again.

By Daniel Palmer

Updated Sep 13, 2021, 11:11 a.m. Published Jul 16, 2019, 1:42 p.m.

Empires are able to print their own money until trust in the currency falls, says Sokolin. (Credit: Shutterstock)