According to Lookonchain monitoring, Tether issued 3 billion USDT in the past week. On-chain data further reveals that since August 5th, 3.22 billion USDT have flowed from the Tether Treasury to exchanges. Among these USDT flowing into exchanges, 1.75 billion were transferred to trading platforms such as Kraken, OKX, Coinbase, Binance, and Bullish.com through Cumberland, while another 1.29 billion USDT were deposited via deposit address 'TQef1' into Kraken. These data reflect the demand for stablecoins in the market and the dynamic adjustments made by Tether in the market.