Whale Alert states the new USDT (Tether’s U.S. dollar-pegged stablecoin) was minted on Ethereum (blockchain network) at 01:24 Beijing time on April 24.
Tether Treasury created 1 billion USDT (Tether’s U.S. dollar-pegged stablecoin) on Ethereum (blockchain network), according to Whale Alert (blockchain transaction tracking service). The mint was recorded at 01:24 Beijing time on April 24. A token mint increases the circulating supply available to the issuer, although newly minted stablecoins are not always immediately released into the market. USDT is widely used across the crypto market for trading, transfers, and liquidity management.