šŸ’µ Tether and Circle have turned on the machines and released 1.55 billion stablecoins into the market

Today, Tether "printed" another billion USDT. Over the past year, the company has minted 33 billion USDT.

Circle has issued 550 million USDC in two transactions over the last 24 hours.

The market capitalization of stablecoins has reached $162.5 billion, with USDT holding a 69% market share ($112.5 billion).

šŸ’¬ Binance founder Changpeng Zhao believes that the growing mass of stablecoins is fuel for a future rally.