Circle Mints $1.25B USDC as Tether and Circle Issue $17.25B Since Oct. 11

Circle minted 1.25 billion USDC on Nov. 27, Lookonchain data show. Since the Oct. 11 market downturn, Tether and Circle have collectively issued $17.25 billion worth of stablecoins, reflecting continued supply expansion across both major issuers.