If the state prints more money than they are in circulation, this can lead to a currency devaluation.
will worsen the level of balance because price formation is determined by supply and demand from joint exchanges in global markets, Zimbabwe is a clear example of where devaluation and inflation put the country on the verge of bankruptcy, their currencies are almost worthless.
in this case crypto in particular Tether said otherwise where they have no policy and only take advantage of the crypto market interest through a stable USD exchange rate, they are free to print / make a nominal amount and this is still a matter of controversy.