Tether Mints $1B USDT as Stablecoin Issuance Hits $12.75B in Month

Stablecoin giant Tether has minted another $1 billion in USDT. This continues its rapid pace of issuance in 2025. According to blockchain data, this latest mint brings the total amount of new stablecoins from Tether. The rival Circle reached $12.75 billion over the past month. The fresh tokens were created across multiple blockchains. Including Ethereum, Tron, Solana, Avalanche, and TON. Tether said the new issuance is part of its routine process to meet growing market demand. This surge shows the strong role of stablecoins. Now to play in global crypto trading, payments, and settlements.

Market Data Shows Growing Demand

Arkham data shows Tether’s supply now sits at about 169.5 billion USDT. This makes it by far the largest stablecoin in circulation. Its current market capitalization is more than $169 billion, with daily trading volumes above $100 billion. That volume makes USDT one of the most traded assets in crypto. Often surpassing Bitcoin and Ethereum on exchanges. 

Traders use USDT as a safe harbor when markets move. While exchanges rely on it for liquidity. Circle, the issuer of USDC, has also been busy. Solscan records show multiple large transactions from Circle’s treasury wallets. Including a 250 million USDC mint earlier this week. In total, Circle minted several billion dollars’ worth of USDC during the same period.

Why the Stablecoin Boom Matters

The new wave of issuance reflects the rising importance of stablecoins in digital finance. Unlike volatile crypto, stablecoins are designed to maintain a 1:1 peg with fiat currencies. It’s usually the U.S. dollar. This stability makes them useful for trading and payments. In recent years, they have become essential for crypto exchanges and DeFi.

Even businesses are experimenting with blockchain payments. The latest surge in minting suggests demand for dollar-pegged tokens is not slowing down. Analysts point out that the growth could also be linked to increased institutional involvement. Trading firms and funds often hold large amounts of stablecoins to move quickly between assets. Market makers like GSR Markets and Flow Traders were among those showing big stablecoin flows this week.

Transparency and Market Concerns

While the minting numbers are impressive, they also raise questions. Critics often argue that Tether’s rapid expansion deserves more scrutiny. The company has faced repeated calls to provide greater transparency about the reserves backing USDT. Tether insists that every token is fully backed and regularly publishes reports on its reserves. 

The regulators in the U.S. and Europe continue to watch the stablecoin market closely. As its growth could influence financial stability. In contrast, Circle is more U.S.-regulated and has tried to present USDC as a compliant alternative. Yet, both issuers are expanding quickly. They are showing that demand for digital dollars is global and not tied to one provider.

Looking Ahead

The minting of another $1 billion USDT underlines how central Tether has become to crypto markets. With a supply approaching 170 billion tokens. It is now a core piece of global trading infrastructure. If the trend continues, this could be the biggest year for stablecoin growth. For traders, this means more liquidity and faster settlements. It could mean a sharper focus on oversight for regulators. Whether used for trading or cross-border transfers, stablecoins are proving to be one of crypto’s most enduring use cases. And with Tether and Circle minting billions each month. The race to dominate the digital dollar economy is heating up.