Stablecoin Ratio Plummets, Tether & Circle Mint $7B… But Why?

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Tether 🚀 and Circle 🌍 collectively minted $7 billion worth of tokens as Bitcoin 🐐 climbed above $108,000, according to the data provided by on-chain analytics firm Lookonchain. It’s like the crypto world is throwing a party and everyone’s bringing a dollar-pegged balloon. 🎉

Tether(@Tether_to) just minted 1B $USDT again 6 hours ago!#Tether and #Circle have minted $7B in stablecoins after the 1011 market crash.

– Lookonchain (@lookonchain) October 22, 2025

Meanwhile, the stablecoin-to-Bitcoin ratio on Binance has dropped to its lowest point in two years, showcasing investor readiness for market accumulation. Or, as I like to call it, “the crypto equivalent of waiting for the bus in a hurricane.” 🌪️

Binance Stablecoin Ratio Signals Latent Buying Power

According to CryptoQuant, the ratio of stablecoins to USD exchanges on Binance has fallen to 0.8149, the lowest level since 2023. This ratio, which compares total Bitcoin reserves to dollar-denominated stablecoins like USDT and USDC, is a key liquidity indicator. Or as I call it, “the financial version of a game of chess where everyone’s playing with dice.” 🎲

A decline in this metric indicates that stablecoin reserves are building relative to Bitcoin, i.e., traders are holding liquidity in anticipation of buying opportunities. It’s like having a wallet full of Monopoly money, waiting for the real game to start. 🏦

Analysts note that such conditions often precede major price rallies, as seen during accumulation phases in 2023 and 2024. Which is great, unless you’re the guy who bet against Bitcoin and now has a face like a slapped fish. 😬

Should the ratio remain at these low levels while Bitcoin stabilizes above the $108,000-$110,000 range, BTC might be the next crypto to explode. Or, as the saying goes, “If you can’t beat them, join them… and then try to sell at a loss.” 💸

Tether and Circle Mint $7B in Stablecoins

Tether minted another $1 billion USDT just hours ago, bringing the combined total issuance from Tether and Circle to $7 billion since the recent market crash. This means that the demand for dollar-pegged assets is on the rise. Or, as someone might say, “We’re all just trying to keep our money from turning into confetti.” 🎊

Tether has also reached a major milestone of 500 million users. The company estimates that this figure represents real individuals rather than wallet counts, meaning that over 6% of the global population has interacted with USDT. Which is impressive… until you realize that 6% of the population is also the number of people who still use dial-up. 📞

Adoption has been particularly strong in emerging economies like Kenya, where small businesses and individuals use USDT as a hedge against inflation and currency depreciation. It’s the financial version of a life raft, but with more emojis. 🌍

Tether has a market capitalization of $182 billion, accounting for 58.4% of the stablecoin market. Circle’s USDC follows with $76 billion, according to CoinMarketCap data. Which is a lot of money, but nowhere near the amount of coffee I’ve consumed this week. ☕

Citi Forecasts $1.9 Trillion Stablecoin Market by 2030

Citi analysts have projected a $1.9 trillion market capitalization for the stablecoin industry by 2030. The bank said that stablecoins continue to represent between 5% and 10% of total crypto valuation. Or, as I like to think, “The future is stable… or at least, it’s trying to be.” 💰

While their influence on traditional banking remains limited, Citi compared stablecoins to the rise of money market funds in the 1980s, which reshaped liquidity flows without undermining lending systems. Which is a fancy way of saying, “They’re not going to break the system… probably.” 🛡️

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2025-10-22 17:36