Circle minted 88.5 million USDC on Ethereum.
When I look at stablecoin data, my rule of thumb is that a single mint is just a clue; what matters is the cumulative trend over time. Sustained minting alongside rising stablecoin balances on exchanges is what suggests new money is coming in.
$BTC The current price is 82552. Where do you think things go from here?
When I look at stablecoin data, my rule of thumb is that a single mint is just a clue; what matters is the cumulative trend over time. Sustained minting alongside rising stablecoin balances on exchanges is what suggests new money is coming in.
$BTC The current price is 82552. Where do you think things go from here?