The post Tether, Circle Drive $9.5B Stablecoin Boom, What It Means For Bitcoin And Ethereum appeared on BitcoinEthereumNews.com.

Tether just minted another $1 billion in USDT, according to blockchain tracker Lookonchain, a move that comes amid a wider wave of stablecoin issuance in the last month that Lookonchain says totals $9.5 billion between Tether and Circle. The fresh supply is drawing attention from traders and analysts who watch stablecoin flows as a proxy for new liquidity entering crypto markets. On Aug. 14–15, on-chain observers flagged a $1 billion USDT mint attributed to Tether’s treasury wallets. The mint was noted on multiple chains in previous similar episodes (Tether frequently mints on Tron and Ethereum), and commentators say much of the newly created supply often sits in Tether’s treasury until trading demand and chain swaps require issuance. Around the same time, Lookonchain reported that Circle minted roughly $5.5 billion of USDC on Solana over the past month, part of the larger $9.5 billion combined figure being circulated on social media and by market trackers. That surge of USDC on Solana has been described by some analysts as “dry powder,” newly minted stablecoins ready to flow into exchanges, DeFi pools, or liquidity desks. Why it Matters Stablecoin mints are closely watched because they can signal fresh fiat-backed liquidity preparing to enter risk assets. Historically, large-scale issuances of USDT or USDC have sometimes preceded increased buying pressure in major markets, particularly Bitcoin and Ethereum, when that newly minted supply is converted into crypto. Several market commentators linked earlier Tether mintings to periods of elevated trading volume and price rallies. Still, causation is hard to prove: mints can also reflect internal treasury management (pre-minting for future issuance) rather than immediate market flooding. As of this report, BTC is trading around $119,095, down about 1.54% intraday, while ETH sits near $4,640.76, down roughly 1.60% on the day. These moves suggest traders have not (yet)…

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Filed under: News - @ August 15, 2025 9:26 pm