Tether (USDT), the world’s largest stablecoin issuer, minted $1 billion worth of new tokens on the Ethereum network again, on-chain data confirmed. The move brought total stablecoin issuance since the October 10 market crash to over $6 billion, according to Lookonchain data shared on X.
“Tether and Circle have minted $6B in stablecoins after the 10/11 market crash,” Lookonchain highlighted.
Tether(@Tether_to) just minted 1B $USDT again!#Tether and #Circle have minted $6B in stablecoins after the 1011 market crash.https://t.co/0zdmUUYKwJhttps://t.co/KgLuFF9ljU pic.twitter.com/8GiyTgg6E3
— Lookonchain (@lookonchain) October 19, 2025
The mint, one of the largest since mid-2025, comes as traders and institutions seek liquidity cushions after a week of turbulence that wiped billions from digital assets. This new issuance signals an effort to restore market depth and ensure smoother trading flows across exchanges.
Tether and Circle Drive $6B Post-Crash Issuance
On-chain data shows that Tether minted roughly $4 billion USDT, while Circle contributed $2 billion USDC in response to heightened volatility. Combined, the two stablecoin giants accounted for nearly all new liquidity injected into the crypto market after the October 11 downturn.
The surge in stablecoin supply comes as on-chain traders reposition capital into safer assets following sharp corrections in Bitcoin (BTC) and Ethereum (ETH). While this doesn’t automatically push crypto prices higher, it ensures ample liquidity for centralized and decentralized platforms.
Stablecoins now play an even greater stabilizing role, functioning as “hedges against volatility and liquidity” tools for institutional desks. A user remarked, “When Tether prints billions, it’s rarely speculative, it’s about keeping the system running under pressure.”
Market Implications and Institutional Demand Rebound
The new mints coincide with signs of renewed institutional engagement. Exchanges and market makers rely on USDT and USDC to facilitate trading volumes, manage collateral, and hedge exposure amid shifting market sentiment.
Historical patterns show that major Tether issuances often precede increased trading activity, as fresh liquidity enters the ecosystem.
By mid-October 2025, Tether’s circulating supply had exceeded $180 billion, further cementing its dominance in the stablecoin sector. Analysts suggest the move reflects institutional re-entry into crypto markets, positioning for the next liquidity cycle.
However, critics still highlight transparency concerns around Tether’s reserves. The company has consistently maintained that all tokens are fully backed by cash or cash-equivalent assets, reassuring users amid heightened scrutiny.
A Signal of Confidence After Chaos
While some market participants remain cautious, the $6 billion surge in stablecoins underscores renewed confidence in digital assets after a volatile start to October.
Stablecoin liquidity acts as both a stabilizer and a launchpad for future market momentum. As one market commentator observed, “Liquidity came in right when the market needed it most. $6B in fresh stablecoins probably means someone’s ready to buy the dip hard.”
With exchanges replenished and sentiment slowly improving, analysts believe Tether’s latest mint could pave the way for a steady liquidity recovery, potentially reigniting broader market activity in the weeks ahead.
Meanwhile, Bitcoin has reclaimed $111,000 following the bullish development, up over 4% in the past 24 hours. If momentum persists, the apex cryptocurrency could target new highs in the coming days.
The CoinRemark Team
Brenda Kanana
