Which stablecoins expanded supply today?

TLDR

Today, Tether USDt (USDT) expanded supply via a roughly $1.00 billion mint on Tron (UTC), flagged by multiple market watchers and coverage in a Binance post.

1. Tether (USDT): $1B minted on Tron today per an aggregator notice.
2. Circle (USDC): No confirmed mint today; recent mints this week include $1B on Solana on 6 Jan in a post.
3. Caveat: Treasury mints prepare inventory; net supply depends on redemptions versus issuance.

Deep Dive

1. USDT Mint Today

USDT saw a fresh $1B authorization on Tron, widely cited by market feeds today (UTC).

1. Coverage notes an additional $1B USDT minted and total weekly expansion of $3.75B for USDT+USDC in a Binance post.
2. Social trackers highlighted the same $1B mint on Tron within the day in a tweet.

2. USDC This Week

USDC did not show a clearly confirmed mint today, but recent expansion this week is documented.

1. On 6 Jan, Circle minted $1B USDC on Solana per a post.
2. Multiple social trackers flagged additional USDC mints earlier in the week (for example, $500M on 6 Jan) in a tweet.

3. Interpreting Stablecoin Mints

A mint often indicates tokens are authorized to an issuer treasury, not necessarily immediately circulating.

1. Net supply expansion is issuance minus redemptions; USDC had a recent period where redemptions exceeded issuance late December, as noted in an earlier post.
2. Weekly aggregation today shows combined USDT+USDC issuance up $3.75B over the past week in a Binance post.

Conclusion

USDT expanded supply today with a $1B mint on Tron, while USDCs latest documented increases occurred earlier this week. The actionable lens is to track whether newly minted stablecoins exit issuer treasuries and whether redemptions offset issuance, since net supply (and market liquidity) depends on both.