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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.

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