Tether, Circle Mint $1.5B on Tron and Solana as Stablecoin Liquidity Rebounds
Tether and Circle minted a combined $1.5 billion of USDT and USDC on the Tron and Solana networks on Jan. 20, 2026. The coordinated issuance across two fast, low-cost chains comes as markets show increasing need for immediate on-chain settlement and liquidity, particularly around trading desks and DeFi protocols that favor higher throughput rails.
This rebound in stablecoin supply matters because it can deepen market depth, reduce slippage for large trades, and support lending and yield strategies across decentralized platforms. While the minting reflects demand rather than a policy pivot, traders and liquidity providers will watch flows for signs of sustained usage or shifting preference between chains — and regulators may keep an eye on cross-chain stablecoin movements as volumes grow.