Tether and Circle Mint $1.5 Billion in USDT and USDC Within Hours

The stablecoin issuers created substantial new tokens in a three-hour window, adding liquidity to the digital asset market.

USDT

USDC

54d ago

Summary

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Terms & Concepts

USDT (Tether): A U.S. dollar-pegged stablecoin issued by Tether, designed to maintain a 1:1 value with USD.
USDC (USD Coin): A U.S. dollar-pegged stablecoin issued by Circle, aiming to provide stable value and transparency.
Stablecoin: A cryptocurrency designed to minimize price volatility by pegging its value to a reserve asset such as a fiat currency.