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$USDT and $USDC Market Caps
Money flow in the crypto market comes from two sources:
• Inflow – fresh fiat transferred to issuers (Tether for USDT, Circle for USDC) to mint new stablecoins.
• Rotation – existing capital in the market moving between projects and coins.
The charts below show USDT and USDC market caps. Normally, USDT dominates without question, as it’s used more widely worldwide. USDC, being more regulated and available mainly in regions like the USA and Latin America, tends to see less new minting.
However, over the past six+ months, USDT has been underperforming USDC, not just slightly, but with a clear and distinct dominance by USDC. This suggests strong participation from markets where USDC is prevalent, which is a very positive sign.
Historically, this kind of shift often appears right before euphoric phases in the market.
Sit tight, it’s coming.
#Euph oria #cryptouniverseofficial pto #AltSeasonComing #Trading
Money flow in the crypto market comes from two sources:
• Inflow – fresh fiat transferred to issuers (Tether for USDT, Circle for USDC) to mint new stablecoins.
• Rotation – existing capital in the market moving between projects and coins.
The charts below show USDT and USDC market caps. Normally, USDT dominates without question, as it’s used more widely worldwide. USDC, being more regulated and available mainly in regions like the USA and Latin America, tends to see less new minting.
However, over the past six+ months, USDT has been underperforming USDC, not just slightly, but with a clear and distinct dominance by USDC. This suggests strong participation from markets where USDC is prevalent, which is a very positive sign.
Historically, this kind of shift often appears right before euphoric phases in the market.
Sit tight, it’s coming.
#Euph oria #cryptouniverseofficial pto #AltSeasonComing #Trading
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