Data: Since the flash crash on October 11, Tether and Circle have collectively minted an additional 6 billion dollars in stablecoins

2025-10-19 09:59:58

ChainCatcher news, according to Lookonchain statistics, after Tether Treasury minted 1 billion USDT on the Ethereum chain this morning, Tether and Circle have cumulatively minted 6 billion dollars in stablecoins since the flash crash on October 11.

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Tracking the "10.11 Flash Crash" in the Cryptocurrency Market and Its Future Impact

Column Tracking the "10.11 Flash Crash" in the Cryptocurrency Market and Its Future Impact

Mainstream coins experience massive fluctuations, altcoins trend towards zero, stablecoins decouple, and the total liquidation amount exceeds 19 billion dollars... What is the impact of the largest flash crash in cryptocurrency history?

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