The issuance of stablecoins by #稳定币激增 has attracted widespread attention in the market. In September 2024, Circle issued an additional 50 million USDC on the Ethereum network, marking the second issuance since September. Similarly, in the same month, Tether also minted an additional 1 billion USDT on Ethereum.

In addition, PayPal's PYUSD stablecoin is actively expanding its market by partnering with the lending protocol Kamino in the Solana ecosystem.

According to data from DeFiLlama, the overall market value of stablecoins grew from $130 billion to $172 billion in 2024, with an annual increase of up to 32%.

These issuances reflect the increasing market demand for stablecoins, which may signal more funds flowing into the crypto market, bringing positive signals to the market. However, the market's focus on liquidity and new funds remains, and the actual impact of stablecoin issuance on the market needs further observation.