Circle issued an additional 50 million USDC on Ethereum.
My personal habit of analyzing stablecoin data is this: the significance of any single issuance is limited—the key is the net direction over a period of time. Ongoing issuance combined with increases in stablecoin balances on trading platforms is what it looks like when incremental capital is entering.
$BTC current price is 81228.7. If things move the other way later, what will you do?
#BTC
Personal observations and records only; not investment advice.
My personal habit of analyzing stablecoin data is this: the significance of any single issuance is limited—the key is the net direction over a period of time. Ongoing issuance combined with increases in stablecoin balances on trading platforms is what it looks like when incremental capital is entering.
$BTC current price is 81228.7. If things move the other way later, what will you do?
#BTC
Personal observations and records only; not investment advice.