Circle minted 50 million USDC on Ethereum.
My approach to stablecoin data is: a single mint is just a clue; what matters is the cumulative direction over a period of time. Consecutive mints combined with an increase in stablecoin balances on exchanges are more indicative of new money entering the market.
$BTC Current price: 71391. Share your take in the comments, and we’ll review it later.
My approach to stablecoin data is: a single mint is just a clue; what matters is the cumulative direction over a period of time. Consecutive mints combined with an increase in stablecoin balances on exchanges are more indicative of new money entering the market.
$BTC Current price: 71391. Share your take in the comments, and we’ll review it later.
