Circle has minted 93.02 million USDC on Ethereum.
My habit in assessing stablecoin data is: the significance of any single mint is limited—the key is the net direction over a period of time. Only when continuous minting is paired with rising stablecoin balances on trading platforms does it feel like fresh money is entering.
$BTC current price is 81806.01—where do you think it goes next?
#BTC
For market condition recording only; not investment advice.
My habit in assessing stablecoin data is: the significance of any single mint is limited—the key is the net direction over a period of time. Only when continuous minting is paired with rising stablecoin balances on trading platforms does it feel like fresh money is entering.
$BTC current price is 81806.01—where do you think it goes next?
#BTC
For market condition recording only; not investment advice.