Circle minted 50 million USDC on Ethereum.
My approach to stablecoin data is this: a single mint has limited significance; what matters is the net direction over a period of time. Sustained minting alongside rising stablecoin balances on exchanges looks more like new capital getting ready to enter.
$BTC Current price: 79842—is it a signal or a trap?
#BTC
My approach to stablecoin data is this: a single mint has limited significance; what matters is the net direction over a period of time. Sustained minting alongside rising stablecoin balances on exchanges looks more like new capital getting ready to enter.
$BTC Current price: 79842—is it a signal or a trap?
#BTC
