In recent market activities, the stablecoin issuer giant Tether showcased its active role in the cryptocurrency market. According to ChainArgos data, Tether performed large-scale USDT (Tether) issuances and redemptions yesterday. Specifically, Tether issued $26 million worth of USDT to meet market demand or adjust its market strategy. Subsequently, Tether redeemed $35 million worth of USDT, reflecting Tether's flexible operations in the market and effective management of capital flows. These trading activities have significant impacts on the stability and liquidity of the cryptocurrency market, warranting close attention from market participants.