Tether just minted 1 billion USDT; What does it mean for Bitcoin price?

On June 18, Tether minted $1 billion worth of USDT on the Tron blockchain, according to on-chain data from Arkham Intelligence. Historically, such minting events have coincided with short‑term surges in Bitcoin (BTC). Notably, on May 21, when Tether issued $2 billion USDT, the next day BTC broke its previous all‑time high, climbing past $111,000.  While minting alone doesn’t guarantee immediate impact, the available on-chain data reveals that major spikes in USDT supply often translate into large inflows to exchanges source: https://finbold.com/tether-just-minted-1-billion-usdt-what-does-it-mean-for-bitcoin-price/