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After today's market crash, Tether and Circle have jointly issued an additional $1.75 billion in stablecoins.

2025-10-11 21:51

BlockBeats News, October 11th, according to LookIntoChain's data, after today's market crash, Tether and Circle together issued a total of $1.75 billion worth of stablecoins.

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After today's market crash, Tether and Circle have jointly issued an additional $1.75 billion in stablecoins.

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Today, over 6300 wallets on Hyperliquid were compromised, with a total loss exceeding $1.23 billion.

24H Important Information

2025-10-12

Bitcoin Withdrawal Continues, with a CEX Net Outflow of 2,167.72 BTC in the Last 24 Hours

Binance has released the "<i>Announcement on USDE, BNSOL, and WBETH Off-peg Incident Handling and Risk Control Optimization</i>".

Suspected Bitmine affiliated addresses today accumulated a total of 78,824 ETH, worth $302.12 million

Insight: USDe is a financial instrument rather than a stablecoin, and its marketing narrative's dissonance is intended to target use cases.

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