Tether has minted an additional $1 billion USDT on the Ethereum network, bringing its total issuance to $4 billion since the recent market downturn. This move underscores Tether's strategy to bolster liquidity amid heightened demand for stablecoins. Simultaneously, Circle has minted $2 billion USDC on the Solana network. The significant issuance by both Tether and Circle highlights the ongoing reliance on stablecoins as a safe haven during periods of market instability.