Citing Blockchainreporter, Circle and Tether have collectively minted $15 billion in stablecoins since the market crash on October 11. On-chain data shows Circle issued 500 million USDC in recent transactions, with multiple $250 million mints directed to its treasury wallets. The surge in stablecoin supply reflects increased demand for liquidity amid market stabilization and growing institutional activity.
Circle and Tether Mint $15B in Stablecoins After 10/11 Market Crash
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