$3 BILLION in fresh stablecoins just entered the market
Something big is happening behind the scenes. Over the past 2 days, Circle and Tether have minted a combined $3B worth of stablecoins.
That’s a huge amount of fresh liquidity potentially ready to move into crypto. We’ve already been seeing whales and institutions making big moves ---- and now billions in new stablecoin supply are showing up too.
Coincidence? Maybe. But if even a portion of that liquidity finds its way into $BTC , $ETH , or alts, things could get very interesting. 👀
Transaction hash:
64ea9c58fed2f97ec7b1d374771ba04916eaf317f8505d064ee0808f8a2d557e
Circle address:
7VHUFJHWu2CuExkJcJrzhQPJ2oygupTWkL2A2For4BmE
Something big is happening behind the scenes. Over the past 2 days, Circle and Tether have minted a combined $3B worth of stablecoins.
That’s a huge amount of fresh liquidity potentially ready to move into crypto. We’ve already been seeing whales and institutions making big moves ---- and now billions in new stablecoin supply are showing up too.
Coincidence? Maybe. But if even a portion of that liquidity finds its way into $BTC , $ETH , or alts, things could get very interesting. 👀
Transaction hash:
64ea9c58fed2f97ec7b1d374771ba04916eaf317f8505d064ee0808f8a2d557e
Circle address:
7VHUFJHWu2CuExkJcJrzhQPJ2oygupTWkL2A2For4BmE