news2h ago

TETHER AND CIRCLE MINT $4.75B STABLECOINS IN ONE WEEK

Tether and Circle have issued $4.75 billion in USDT and USDC stablecoins in a single week, as the stablecoin market cap reaches a record $320 billion.

@tether and @circle have collectively minted approximately $4.75 billion worth of $USDT and $USDC in the past week alone, according to on-chain data tracked by @lookonchain. The wave of issuance included a $1 billion $USDT mint by Tether on April 24, underscoring the scale of fresh liquidity entering the digital asset ecosystem.

A Record-Breaking Stablecoin Market

The minting spree comes as the broader stablecoin sector reaches new heights. The total stablecoin market capitalisation recently surpassed $320 billion for the first time, a milestone confirmed by data from DefiLlama and multiple analytics providers. Tether's $USDT remains the dominant force, commanding roughly 58% of the market with a capitalisation above $184 billion, while Circle's $USDC holds second place at around $79 billion.

Together, the two issuers account for an estimated 87% of the entire stablecoin market. The pace of new issuance has accelerated throughout 2025 and into 2026, driven by rising institutional demand, expanding use cases in decentralised finance, and greater regulatory clarity in the United States following the passage of the GENIUS Act.

Why Large Mints Matter

Stablecoin mints of this magnitude are closely watched by market participants as a proxy for incoming capital. Newly minted tokens do not immediately enter circulation; they are held in treasury wallets until deployed by exchanges, market makers, or institutional clients to meet trading and settlement demand. Historically, sustained net minting has correlated with periods of heightened market activity and rising asset prices.

The latest $1 billion $USDT authorisation is widely viewed as Tether preparing liquidity inventory ahead of expected demand rather than reacting to it. This pattern has repeated several times over the past year, with large mints often preceding significant market moves.

Beyond crypto trading, stablecoins are increasingly embedded in cross-border payments, payroll, and treasury management. Visa-linked crypto card spending surged sharply in 2025, and stablecoin transaction volumes have grown to rival those of traditional payment networks. As stablecoins evolve from speculative instruments to core financial infrastructure, the minting activity by Tether and Circle reflects a market that is expanding in both depth and reach.

Sources:
Bitcoin.com – Stablecoin Market Cap Hits All-Time High
CoinsPress – Tether Mints $1 Billion in USDT
Arkham – How Stablecoins Reached a $300 Billion Market Cap

More Breaking News

newsASTER "QUIETLY BECOMING A MONSTER"newsOVER 95% OF KASPA $KAS HAS ALREADY BEEN MINED newsCHAINLINK ETFS SEE BIGGEST INFLOWS SINCE JANUARY newsETFS NOW HOLD 1.23% OF XRP'S SUPPLY newsS&P 500 AND NASDAQ LOG FOURTH STRAIGHT WEEKLY GAIN AT RECORDS newsUS FREEZES $344 MILLION IN IRAN-LINKED USDT, TETHER COOPERATES newsUS STRIKES SOUTHEAST ASIAN SCAM CENTERS, RESTRAINS $700 MILLION IN CRYPTO newsBRAZIL MOVES TO BAN ELECTION AND SPORTS PREDICTION MARKETS newsKALSHI BLOCKED VAN DYKE BEFORE HE WENT TO POLYMARKET newsCREDIT BANK ASKS CBK TO GREENLIGHT STABLECOIN PILOT newsASTER "QUIETLY BECOMING A MONSTER"newsOVER 95% OF KASPA $KAS HAS ALREADY BEEN MINED newsCHAINLINK ETFS SEE BIGGEST INFLOWS SINCE JANUARY newsETFS NOW HOLD 1.23% OF XRP'S SUPPLY newsS&P 500 AND NASDAQ LOG FOURTH STRAIGHT WEEKLY GAIN AT RECORDS newsUS FREEZES $344 MILLION IN IRAN-LINKED USDT, TETHER COOPERATES newsUS STRIKES SOUTHEAST ASIAN SCAM CENTERS, RESTRAINS $700 MILLION IN CRYPTO newsBRAZIL MOVES TO BAN ELECTION AND SPORTS PREDICTION MARKETS newsKALSHI BLOCKED VAN DYKE BEFORE HE WENT TO POLYMARKET newsCREDIT BANK ASKS CBK TO GREENLIGHT STABLECOIN PILOT

(Advertisement)

Author

Jon Wang

Jon studied Philosophy at the University of Cambridge and has been researching cryptocurrency full-time since 2019. He started his career managing channels and creating content for Coin Bureau, before transitioning to investment research for venture capital funds, specializing in early-stage crypto investments. Jon has served on the committee for the Blockchain Society at the University of Cambridge and has studied nearly all areas of the blockchain industry, from early stage investments and altcoins, through to the macroeconomic factors influencing the sector.