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Tether Mints 1,000,000,000 USDT on Tron, Bitcoin Begins to Break Out
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Tether’s $1.5B Burn and $1B Mint Spark Major Market Moves
One of the main players in the significant USDT transfers on April 21, 2025, was HTX. Tether adjusted market liquidity by burning $1.5 billion USDT and minting $1 billion. CoinGlass data indicates that there was a notable increase in the USDT’s token volume. On April 21, 2025, the cryptocurrency market was shaken by massive USDT transactions, highlighting HTX (formerly Huobi) as a focal point. The activity began at 07:39 UTC, when $500M USDT (w…
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