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Bitcoin $89,778.56 -3.01%
Ethereum $3,042.51 -4.42%
BNB $886.99 -2.07%
Optimism $0.30 -6.05%
Arbitrum $0.20 -6.36%
Solana $134.02 -4.25%
Polygon $0.22 +2.77%
Cosmos $2.21 -5.33%
Avalanche $13.36 -7.94%

Tether and Circle minted a total of $1.25 billion in new stablecoins today

according to Lookonchain statistics, Tether minted 1 billion USDT today, and Circle minted 250 million USDC. In the past month, Tether and Circle have minted a total of stablecoins worth $8.75 billion.

The increase in the number of stablecoins minted on-chain usually reflects the growing demand for stablecoins in the market and increased user participation, often related to bullish sentiment in the crypto market, with more funds flowing into the crypto ecosystem.

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Tether and Circle minted a total of $1.25 billion in new stablecoins today

All Comments

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Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.

Bank of America: Markets will soon digest expectations of a Fed rate cut in January.

He Lifeng held a video call with U.S. Treasury Secretary Bessant and Trade Representative Greer.

Hassett: No discussion with US President Trump regarding the Federal Reserve Chair (selection)

White House National Economic Council Director Hassett: It's Time for the Fed to Cautiously Cut Interest Rates

The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.

Social media platform "X" has been fined €120 million by the European Union for violating content regulations.

Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink

Balancer DAO Starts Discussing $8M Recovery Plan After $110M Exploit Cut TVL by Two-Thirds

US investors consider crypto less as risk-taking drops: FINRA study

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