Stablecoin Surge Post Tether, Circle Flood Markets After 10/11 Crash
The post Stablecoin Surge Post Tether, Circle Flood Markets After 10/11 Crash appeared on BitcoinEthereumNews.com.
Key Insights Since the October market crash, Tether and Circle have minted a combined total of $17.75 billion in stablecoin. Circle recently added $500 million in USDC, reflecting ongoing demand for stablecoin liquidity. The surge in stablecoin issuance highlights investor preference for stable assets during periods of crypto market volatility. Increased stablecoin supply may influence trading dynamics, providing liquidity for exchanges and supporting market stability. After the October 11 flash crash, stablecoin issuers Tether and Circle have poured roughly $17.75 billion of new tokens into the market. On Nov. 28, on-chain analytics firm Lookonchain reported that Circle minted an additional $500 million USDC on Solana, lifting the combined post-crash issuance by both firms to about $17.75 billion. This inflow of stablecoin injects massive liquidity into crypto markets. Analysts note that such large-scale mints are typically used for hedging or “buying the dip” – a sign that traders are preparing to acquire assets at lower prices. On Oct. 10–11 the crypto market plunged, wiping out roughly $370 billion in value amid a sudden selloff. Bitcoin briefly tumbled from about $122,500 to below $110,000, a drop of 10–11%, and Ethereum slid about 20% from $4,400 to below $3,500. Post-Crash Minting Surge Bolsters Crypto Market Resilience In the crash’s immediate aftermath, on-chain data show Tether minted roughly $1 billion of new USDT on Ethereum on Oct. 11, and Circle issued about $750 million USDC on Solana the same day. CryptoQuant data indicate these were some of the largest short-term issuance bursts of 2025, with $775.8M on Oct. 10 and $771M on Oct. 11 alone. By end-of-day Oct. 11, more than $1.75B of fresh USDT/USDC had entered circulation. Issuance has continued at a torrid pace. By Oct. 19, Tether minted another $1B USDT, bringing the combined post-crash total to about $6B. By Oct. 22 Lookonchain data…
Filed under: News - @ November 29, 2025 3:27 am