According to recent blockchain data, Tether and Circle have collectively issued about $7 billion in new stablecoins since the October 11 market crash, signaling renewed liquidity inflows.
Tether issued $1 billion USDT six hours ago, marking the latest in a series of large-scale stablecoin issuances following the October 11 market downturn. Combined with Circle’s recent minting activity, the two leading stablecoin issuers have collectively created approximately $7 billion in new tokens this month. The surge in minting indicates increasing liquidity demand and potential stabilization efforts within the digital asset market.