COINOTAG News on August 28 cited LookIntoChain data showing that Tether minted an additional 1 billion USDT and Circle issued a further 250 million USDC; together, the two issuers have added roughly $8.75 billion in newly minted stablecoins over the past month.
Increases in on-chain minting activity can indicate heightened demand for fiat-pegged liquidity and greater participation in blockchain markets; institutional desks and traders often monitor such issuance as a measurable signal of capital flows into the crypto ecosystem rather than as a standalone indicator of market direction.
In Case You Missed It: Mysterious Wallet Dumps 186,000 HYPE ($8.6M) to Fund $126M Long on 27,236 ETH