Stablecoin minting: 95 million USDC (Ethereum).
Stablecoin minting is generally seen as an early signal of new capital entering the market. However, there is a time lag between minting and actual purchases, and not all of the funds necessarily flow into the crypto secondary market.
$BTC Current price: 82588.36. Anyone who knows what’s going on care to comment?
Stablecoin minting is generally seen as an early signal of new capital entering the market. However, there is a time lag between minting and actual purchases, and not all of the funds necessarily flow into the crypto secondary market.
$BTC Current price: 82588.36. Anyone who knows what’s going on care to comment?