Yesterday, one of the key players in the cryptocurrency sector, Tether, exhibited dynamic changes in its official operations. By monitoring data provided by the platform ChainArgos, we learned that Tether executed a dual track operation of issuance and redemption. Specifically, Tether issued $224 million worth of USDT, an action aimed at meeting market demand or managing liquidity. At the same time, Tether also redeemed $85 million worth of USDT, which might involve adjustments to market liquidity or be based on its own strategy considerations. This dynamic reflects Tether's role in the cryptocurrency market and its impact on market supply and demand. For investors and market observers, such activities provide important reference information, helping them understand the current market environment and potential trends.