There’s activity on the stablecoin front: USDC minted another 50 million (Ethereum).
The minting could mean an institution brought in dollars to exchange, or the issuer may simply be stocking up in advance. You can see where the money goes after it’s burned on-chain, which is more useful than just looking at the numbers. I’m keeping an eye on $BTC too.
The minting could mean an institution brought in dollars to exchange, or the issuer may simply be stocking up in advance. You can see where the money goes after it’s burned on-chain, which is more useful than just looking at the numbers. I’m keeping an eye on $BTC too.
