Tether has printed one other $1 billion in USDT, pushing whole stablecoin issuance to dramatic ranges at a time when Bitcoin and crypto markets are beneath stress.
On-chain trackers flagged the most recent mint on the Tether Treasury, including to a collection of huge issuances seen over the previous week. Earlier this week, two separate $1 billion USDT mints had been recorded, bringing Tether’s February whole to $3 billion.
💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 1,000,000,000 #USDT (999,707,500 USD) minted at Tether Treasuryhttps://t.co/xJD8CP4OGN
— Whale Alert (@whale_alert) February 6, 2026
Key Factors
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Tether minted one other $1B USDT as crypto markets slid, pushing February issuance to $3B.
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Circle joined the surge, including $500M USDC, bringing weekly stablecoin mints to $4.75B.
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Bitcoin fell over 10% to $60K, triggering $2B+ in liquidations amid heavy market stress.
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Analysts warn stablecoin mints sign liquidity prep, not computerized bullish momentum.
$4.75B in Stablecoins Minted in One Week
In the meantime, the exercise hasn’t been restricted to Tether. Circle has additionally elevated issuance, with $500 million in USDC minted throughout two latest transactions. Mixed, Tether and Circle have added roughly $4.75 billion in new stablecoins to the market in simply seven days.
This surge in provide comes as Bitcoin trades under latest highs. Particularly, Bitcoin’s worth crashed greater than 10% within the final 24 hours to hit $60,000, triggering over $2 billion in liquidations. The flagship asset final traded on this vary in October 2024.
Now, this new issuance has raised questions on whether or not the recent liquidity indicators incoming dip-buying or one thing extra structural.
Why Stablecoin Mints Aren’t Robotically Bullish
In the meantime, market commentators warning in opposition to treating stablecoin issuance as a direct purchase sign. Analysts say that enormous issuances typically suggest buying and selling desks restocking liquidity after sell-offs, slightly than recent confidence that costs will rise quickly.
Stablecoins are normally minted to maintain capital prepared, not as a result of merchants are desirous to take dangers. What issues extra is the place that cash goes subsequent: onto exchanges to commerce, or into wallets to take a seat on the sidelines.
Despite the fact that stablecoin provide is close to report highs, previous cycles present that provide progress alone doesn’t drive costs. Excessive issuance has occurred throughout rallies, flat markets, and downturns alike.
What Analysts Are Watching Subsequent
In his commentary, extensively adopted analyst Milk Highway mentioned headline mint numbers matter lower than what occurs subsequent. The true indicators come from follow-through knowledge, together with whether or not web issuance outweighs redemptions, stablecoins are transferring onto exchanges, and transaction exercise is choosing up.
He added that buyers must also watch how stablecoin flows align with macro traits, ETF inflows, and derivatives funding charges. Till these indicators line up, he famous, new stablecoin mints don’t essentially imply the market is popping bullish.
DisClamier: This content material is informational and shouldn’t be thought of monetary recommendation. The views expressed on this article could embody the writer’s private opinions and don’t mirror The Crypto Fundamental opinion. Readers are inspired to do thorough analysis earlier than making any funding selections. The Crypto Fundamental will not be answerable for any monetary losses.
