Circle and Tether have minted a combined $3 billion in stablecoins over the past two days, signaling accelerating demand for on-chain dollars.

Tether minted $2 billion USDT on TRON in two separate $1 billion batches, while Circle also expanded USDC supply. The combined circulating supply of USDT and USDC has now surpassed $250 billion, highlighting the continued growth of stablecoins as liquidity infrastructure for crypto markets.

The latest USDT mints come alongside flows toward Binance, fueling speculation that fresh liquidity could enter the market.

The surge in stablecoin supply points to growing demand for digital dollars and on-chain liquidity, while increase the amount of capital available for trading, payments, lending, and settlement across crypto markets.

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