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$2.4 Billion in USDT and USDC Minted Within 24 Hours

Stablecoin issuance surged, with $1 billion USDT and $1.4 billion USDC created in a single day.

USDT
USDC

Summary

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Terms & Concepts
  • USDT (Tether): A widely used stablecoin pegged to the US dollar, issued by Tether.
  • USDC (USD Coin): A stablecoin pegged to the US dollar, issued by Circle and used for digital payments.
  • Stablecoin Minting: The process of creating new units of a stablecoin on a blockchain.