[Tether and Circle Minted a Total of $1.25 Billion in Stablecoins Today, More Funds Flowing into the Crypto Ecosystem] BlockBeats News, August 28, according to Lookonchain statistics, Tether minted 1 billion USDT today, while Circle minted 250 million USDC. Over the past month, Tether and Circle have collectively minted $8.75 billion worth of stablecoins. The increase in the number of stablecoins minted on-chain typically reflects growing market demand for stablecoins and higher user participation, often associated with bullish sentiment in the crypto market. More funds are flowing into the crypto ecosystem.