According to data from Lookonchain, Tether Treasury has minted a staggering 3 billion USDT across the Ethereum and Tron networks in just three days.
A significant portion of these freshly minted USDT has found its way into major exchanges, with approximately 2.55 billion USDT flowing into platforms such as Binance, Bitfinex, Kraken, and Coinbase since April 1st:
Bitfinex received 1.018 billion USDT
Kraken received 824.1 million USDT
Binance received 614.6 million USDT
Coinbase received 93.8 million USDT