I have an old USB connected SSD that I have been using as a Time Machine target on a Mac running macOS 12 (Monterey). This old drive was setup on this Mac under Monterey so it was formatted APFS from the get-go.
Recently I purchased a new SSD which will also be connected via USB. I would like to copy the entire contents of the old SSD to the new SSD and then start to use the new SSD as a Time Machine target. The old SSD would then be repurposed. Is this possible?