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A recent 2 billion dollar transaction involving Tether USDT sent ripples across the cryptocurrency community. For many, such a large movement immediately raises questions about market stability and the issuance of new stablecoins. However, Tether’s CEO quickly stepped in to provide much-needed clarity, ensuring investors and users understood the true nature of this significant event involving Tether USDT.
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This interest rate cut effectively mitigated the negative impact of credit tightening and geopolitical crises. The US CPI rose from 121.1 points in 1989 to 141.9 points in 1993, but the year-on-year growth rate dropped from 4.48% to 2.75%, bringing inflation under control. GDP growth rebounded from -0.11% in 1991 to 3.52% in 1993, putting the economy back on track for growth. The capital market's reaction was even more direct. From 1990 to 1992, the easing effect of the Federal Reserve's interest rate cuts significantly boosted investor confidence. The Dow Jones Industrial Average rose 17.5%, the S&P 500 rose 21.1%, and the tech-heavy Nasdaq soared 47.4%, becoming the strongest post-crisis recovery sector.
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