Circle has minted another 500 million USDC, bringing the total issuance with Tether to $18.25 billion since October 11.

According to Lookonchain, Circle has just minted another 500 million USDC. Data shows that since the market correction on October 11th, Tether and Circle, the two major stablecoin issuers, have collectively minted stablecoins worth a total of $18.25 billion. Large-scale stablecoin minting is often interpreted by the market as a potential signal of capital inflows or increased purchasing power.