Stablecoin rotation alert ๐จ
$USDC doing all the bleeding while $USDT just chills at ~$184B (60% dominance locked).
$USDC: ~$73.1B (โ1.5% weekly, โ1.7% monthly)
Total stables: ~$306B (โ0.3% weekly)
The peg isn't breaking โ money's just moving between rails. When risk-off hits, watch which stablecoin rails collapse first. This rotation tells you where liquidity actually lives.
Source: @DefiLlama
$USDC doing all the bleeding while $USDT just chills at ~$184B (60% dominance locked).
$USDC: ~$73.1B (โ1.5% weekly, โ1.7% monthly)
Total stables: ~$306B (โ0.3% weekly)
The peg isn't breaking โ money's just moving between rails. When risk-off hits, watch which stablecoin rails collapse first. This rotation tells you where liquidity actually lives.
Source: @DefiLlama