The stablecoin situation, put simply, is that someone turned the faucet.

USDC burned $0.45B in 24h

If you can hold on, it’s called conviction. If you can’t, you were just passing through.

USD Coin (USDC) burned about $0.45B over the past 24 hours, bringing its current total circulating supply to $71.4B.

As for whether they turned on the cold or hot water, we’ll have to see what happens over the next few days.
#稳定币 #Joke