Circle Mints $1.25B USDC as Part of $17.25B Stablecoin Minting Since Oct. 11 Crash

COINOTAG News, on November 27, citing LookIntoChain monitoring, notes that Circle issued 1.25 billion USDC in a single day, reflecting ongoing liquidity dynamics in the stablecoin sector.

Since the October 11 market disruption, Tether and Circle have collectively minted approximately $17.25 billion in stablecoins, according to the same data stream.

The report underscores the macro implications for crypto liquidity and risk management, as rapid stablecoin minting can impact funding channels and price stability, warranting ongoing regulatory scrutiny and transparent cadence from issuers.

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