BREAKING

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

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USDC
USDC
Daily

$1.0003

0.00%

Volume (24h): -

Resistance Levels
Resistance 3$1.0193
Resistance 2$1.0168
Resistance 1$1.0004
Price$1.0003
Support 1$1.00
Support 2$0.9971
Support 3$0.9850
Pivot (PP):$1.0002
Trend:Sideways
RSI (14):44.8

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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