Tether and Circle minted a total of 1.5 billion USD in USDT and USDC, indicating a recovery in stablecoin liquidity after market volatility.
The minting mainly occurred on Tron and Solana networks, and is a reaction to significant market fluctuations, including a drop in Bitcoin prices.
The issuance suggests liquidity positioning rather than a direct bullish trend, especially in light of recent market uncertainties.
Leave a Reply