Tether Mints $1B USDT on Ethereum — Stablecoin Issuance Reaches $6B This Week

On September 27, COINOTAG News cited on-chain tracker Whale Alert reporting that Tether executed a mint of 1 billion USDT on the Ethereum network. The transaction is recorded on public ledgers and classified as a routine stablecoin issuance, with custody and movement details available for verification via block explorers.

COINOTAG further reported that, over the past week, Tether and Circle have combined to mint approximately $6 billion in stablecoins, according to on-chain monitoring. Market observers reference these figures when assessing short-term liquidity and circulating supply metrics, relying on custodial disclosures and transaction records as primary verification sources.