Stablecoin rotation alert 🚨
$USDC doing all the bleeding while $USDT just chills at ~$184B (60% dominance locked).
$USDC: ~$73.1B (−1.5% weekly, −1.7% monthly)
Total stables: ~$306B (−0.3% weekly)
The peg isn't breaking — money's just moving between rails. When risk-off hits, watch which stablecoin rails collapse first. This rotation tells you where liquidity actually lives.
Source: @DefiLlama
$USDC doing all the bleeding while $USDT just chills at ~$184B (60% dominance locked).
$USDC: ~$73.1B (−1.5% weekly, −1.7% monthly)
Total stables: ~$306B (−0.3% weekly)
The peg isn't breaking — money's just moving between rails. When risk-off hits, watch which stablecoin rails collapse first. This rotation tells you where liquidity actually lives.
Source: @DefiLlama