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The total market value of USDT increased by US$1.2 billion from last week, mainly due to Cumberland DRW mint

On November 9th, according to CoinGecko data, the total market value of USDT increased by $1.2 billion to $86.2 billion, reaching a new historical high. According to Arkham monitoring, Cumberland DRW minted 477 million USDT within a week, and the USDT was cast through a Kraken deposit address.

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