Tether and Circle Stablecoin Issuance Surges, Potentially Injecting New Liquidity into the Crypto Market
Recently, the two leading stablecoin issuers, Tether and Circle, have continued to issue tens of billions of dollars in stablecoins, drawing close attention from the market regarding liquidity injection.
According to on-chain monitoring platform Lookonchain's data on Monday, Tether added 1 billion USDT to its supply, while Circle also issued an additional 500 million USDC on the same day. This concentrated issuance is typically seen as a key signal for market funds preparing to enter.
According to Coingecko data, the current global market capitalization of dollar-pegged stablecoins is approximately $291.4 billion, with USDT and USDC accounting for nearly 85% of the total market cap. Changes in their supply directly influence the flow of funds within the entire crypto market.
Analysts believe that the large-scale issuance of USDT and USDC is expected to further enhance their critical liquidity role within the crypto ecosystem.
Based on historical data trends, the rapid issuance of stablecoins often indicates increased volatility and higher trading activity, commonly synchronizing with important price turning points for Bitcoin, Ethereum, and altcoins.
From a market structure perspective, stablecoins have become an important bridge connecting traditional finance and the crypto market, with supply expansion reflecting the rising demand from investors for safe-haven and instant trading tools.
Additionally, TradingView charts show that the market capitalization share of stablecoins has risen to 8.07%, while stablecoins have surpassed the 50-day and 100-day moving averages, indicating an increased demand for safe havens amid market volatility. Funds are shifting towards stablecoin assets, reflecting that investors are waiting for a clearer market direction.
However, analysts point out that this type of capital accumulation often serves to build momentum for subsequent market movements. Once market sentiment shifts, existing liquidity may quickly flow into risk assets.
In summary, market observers believe that the next few trading days will test the true direction of the capital from this issuance. If the stablecoin share further rises to 8.2%-8.4%, it may indicate short-term pressure on risk assets;
Conversely, if the share remains stable, it may establish a foundation for capital return. This liquidity trend will become a key indicator for assessing whether the market can quickly recover and adjust.
