Circle burned 50 million USDC on Ethereum.
When I look at stablecoin data, I keep this in mind: a single burn means little; what matters is the net direction over time. Sustained burns combined with declining stablecoin balances on exchanges suggest funds are leaving.
$BTC , currently at 82048—is this a signal or a trap?
When I look at stablecoin data, I keep this in mind: a single burn means little; what matters is the net direction over time. Sustained burns combined with declining stablecoin balances on exchanges suggest funds are leaving.
$BTC , currently at 82048—is this a signal or a trap?