Circle minted 50 million USDC on Ethereum.
My usual approach to stablecoin data is: a single mint is just a clue; you need to look at the cumulative trend over a week. Sustained minting combined with rising stablecoin balances on exchanges is what suggests new capital is flowing in.
$BTC At the current price of 82068.01, do you think this is the beginning or the end?
My usual approach to stablecoin data is: a single mint is just a clue; you need to look at the cumulative trend over a week. Sustained minting combined with rising stablecoin balances on exchanges is what suggests new capital is flowing in.
$BTC At the current price of 82068.01, do you think this is the beginning or the end?