Tether and Circle have collectively minted $1.25 billion in stablecoins today, with more funds flowing into the crypto ecosystem

ChainCatcher news, according to Lookonchain statistics, Tether has minted an additional 1 billion USDT today, and Circle has minted an additional 250 million USDC today. In the past month, Tether and Circle have collectively minted stablecoins worth 8.75 billion dollars.

The increase in the number of newly minted stablecoins on-chain usually reflects a growing demand for stablecoins in the market and an increase in user participation, often associated with bullish sentiment in the crypto market, indicating that more funds are flowing into the crypto ecosystem.