Tether Mints 1 Billion USDT as Weekly Stablecoin Issuance Hits 4.75 Billion
Tether issued 1 billion USDT seven hours before April 24, 2026, according to blockchain tracker Lookonchain. Over the past week, Tether and Circle together minted 4.75 billion dollars in stablecoins. The activity highlights ongoing expansion in the stablecoin sector.
Substrate placeholder — needs reviewTether minted 1 billion USDT seven hours before April 24, 2026, marking a significant issuance in the stablecoin market. The minting occurred amid a broader trend of increased stablecoin production. @lookonchain reported the event, noting it as part of recent activity.
75 billion dollars worth of stablecoins. This combined issuance reflects heightened activity from the two major providers. @lookonchain tracked the data, providing details on the volume.
Tether is associated with the Twitter handle @tether, while Circle is linked to @circle. These associations were highlighted in the reporting on the minting events. @lookonchain included this context in its analysis of the stablecoin issuances.
Key Facts
Story Timeline
3 events- 2026-04-24 (7 hours prior)
Tether minted 1 billion USDT.
1 source@lookonchain - Past week before 2026-04-24
Tether and Circle minted a total of 4.75 billion dollars worth of stablecoins.
1 source@lookonchain - Ongoing
Tether associated with @tether Twitter handle; Circle with @circle.
1 source@lookonchain
Potential Impact
- 01
Increased stablecoin supply may enhance liquidity in cryptocurrency markets.
- 02
Higher issuance could signal growing demand for dollar-pegged assets.
- 03
Potential influence on blockchain transaction volumes from added USDT.
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