Tether and Circle Mint USDC and USDT, What’s Cooking?

TheNewsCryptoPublished on 2025-12-31Last updated on 2025-12-31

Abstract

Tether minted 1 billion USDT on the Tron network, while Circle issued 1 billion USDC on Solana within a 12-hour period, totaling $2 billion in new stablecoins. These actions are seen as efforts to balance supply and demand and boost market liquidity amid current crypto volatility. Shortly after the minting, whale activity was observed with large USDC deposits on platforms like Hyperliquid and Lighter to open leveraged positions in LIT tokens. Market sentiment remains mixed as major indexes show slight gains while altcoin performance and fear indicators have declined.

Tether and Circle minted USDT and USDC, respectively, and the crypto market is curious about the reason. Both transactions happened in just 12 hours on different networks for a total of 2 billion tokens. The development comes at a time when crypto prices are fluctuating – teasing highs one moment and lows in another moment.

USDC and USDT Minted by Tether and Circle

The first transaction to happen was by Tether on the Tron Network. Tether minted 1 billion USDT, taking the total number of tokens processed in 2025 to 26 billion on the same network. Circle followed by minting 1 billion USDC on Solana.

For a brief reference, USDT and USDC hail from the stable coin segment with the market cap of over $187 billion and $75 billion, applicable in the same order. The community has expressed its anticipation for increased liquidity.

USDC For LIT Positions

Hours after USDC was minted, reports surfaced underlining its deposit by whales to open a position in LIT. A total of two transactions have been reported. The first transaction involved the deposit of $2.5 million worth of USDC into Hyperliquid to open a short position in LIT. It is reportedly linked to 3x leverage.

The second transaction by a whale wallet involved depositing $4.03 million worth of USDC into Lighter. The whale whale spent approximately $3.8 million to 1.63 million LIT tokens for an average individual price of $2.33. To put this into context, note that Lighter LIT is trading at $2.73 at the time of writing this article, up by 2.51% over the last 24 hours.

Why Mint USDC and USDT?

Tether and Circle minted USDC and USDT, possibly to balance their supply and demand in the market. The community believes that adding more stablecoins to the supply could be associated with inviting more liquidity to the ecosystem.

Notably, they have been processed at a time when the crypto market is experiencing medium to high volatility. For instance, Ali Charts has hinted that XRP could drop 56% to trade at around $0.80. The token is currently listed at $1.86, up by 0.42% over the past 24 hours.

Overall sentiments across the crypto market are mixed, given that the market cap and the CMC20 Index have surged by 0.91% and 1.06%, respectively. But the Altcoin Index and the FGI have dropped to 20 points and 32 points, applicable in the same order.

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