Over $1.75 billion in new USDT and USDC stablecoins entered circulation immediately following the recent crypto market crash, which was initially triggered by President Donald Trump’s tariff announcement on China. This substantial inflow of stablecoins suggests investors are actively preparing to “buy the dip” rather than exiting the market.
On October 11, blockchain analytics firm Lookonchain reported that Tether, the largest stablecoin issuer, minted approximately $1 billion worth of USDT on the Ethereum network. Crypto analyst JA Maartun further noted, citing CryptoQuant data, that Tether had minted an additional $775.8 million on October 10 and another $771 million on October 11, marking one of the largest short-term issuance surges this year. These new mints expanded Tether’s total supply to $180 billion, with $80 billion now on Ethereum alone.
Concurrently, Circle, the issuer of USDC, minted $750 million in new tokens on Solana, increasing its total holdings on that network to $12.84 billion and its overall supply to nearly $75 billion.
The timing of these stablecoin issuances is critical. The crypto market experienced a significant loss of around $20 billion in leveraged positions on Friday following Trump’s tariff expansion, leading to a sharp sell-off in major assets like Bitcoin and Ethereum and liquidating over-extended long positions.
However, the rapid influx of new stablecoins indicates that market participants are reallocating capital into stable assets with the intention of accumulating digital assets at discounted prices. This sentiment is further supported by actions from institutional investors; Lookonchain reported that Bitmine, an Ethereum-focused investment firm, acquired approximately 128,700 ETH (worth about $480 million) shortly after the crash, withdrawing funds from FalconX and Kraken.
The swift return of capital through new USDT and USDC issuances highlights the rapid rebound potential in digital markets, even after a macro-driven correction, as investors seize opportunities to enter at lower price points.
October 2025, Cryptoniteuae
