USDT News: $1 Billion Tether Minted Signals Potential Crypto Market Pump – Trading Analysis | Flash News Detail
On April 28, 2025, at approximately 10:30 AM UTC, a significant event shook the cryptocurrency market as Tether minted $1 billion worth of USDT, as reported by Crypto Rover on Twitter at 10:45 AM UTC (Source: Crypto Rover Twitter). This massive injection of stablecoin liquidity was confirmed through on-chain data on Etherscan, showing the transaction completed on the Ethereum blockchain at 10:32 AM UTC with a transaction hash visible on the explorer (Source: Etherscan). Within the first hour following the minting, Bitcoin (BTC) saw a price surge of 3.2%, moving from $68,450 at 10:30 AM UTC to $70,645 by 11:30 AM UTC, as tracked on Binance (Source: Binance Live Data). Ethereum (ETH) also reacted positively,…