Express

Tether and Circle collectively mint $1.25 billion in stablecoins today, more funds flowing into crypto ecosystem

Summary: According to reports, Tether minted 1 billion USDT today, while Circle minted 250 million USDC. In the past month, Tether and Circle have collectively minted stablecoins worth $8.75 billion. An increase in on-chain minted stablecoins typically reflects growing demand for stablecoins and increased user participation, often correlated with bullish sentiment in the crypto market, with ...

According to reports, Tether minted 1 billion USDT today, while Circle minted 250 million USDC. In the past month, Tether and Circle have collectively minted stablecoins worth $8.75 billion.

An increase in on-chain minted stablecoins typically reflects growing demand for stablecoins and increased user participation, often correlated with bullish sentiment in the crypto market, with more funds flowing into the crypto ecosystem.

Last Update:

Tags:
Link: Tether and Circle collectively mint $1.25 billion in stablecoins today, more funds flowing into crypto ecosystem   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 11 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 18 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 22 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 25 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 29 days ago
  • You need to login to comment.