According to Lookonchain, Tether minted another $1B USDT roughly four hours ago, with the mint visible on-chain at the referenced Etherscan address: https://etherscan.io/address/0xc6cde7c39eb2f0f0095f41570af89efc2c1ea828 (source: https://twitter.com/lookonchain/status/1977911861661298732). Lookonchain also reports that Tether and Circle collectively minted $3B in stablecoins following the recent market crash (source: https://twitter.com/lookonchain/status/1977911861661298732). For trading context, Glassnode notes that stablecoin supply is tracked via the Stablecoin Supply Ratio as a proxy for potential buying power, which traders monitor when assessing liquidity conditions (source: https://academy.glassnode.com/indicators/stablecoin-supply-ratio-ssr).