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https://www.businesswire.com/news/home/20250526853758/en/Circle-Launches-Initial-Public-Offering
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0xG00gly
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On Plasma's deposit cap raise yesterday, one interesting thing that I do not believe most people realised, is how different $500m -> $750m looked vs. $750m -> $1bn. First $250m - Filled in only 10 blocks. - First transaction of block 1 slightly misconfigured its bot and paid a whopping $12k in fees (please avoid botting to burn your gas like this). - Median transaction size: $30k Following $250m - Filled in 30 minutes. - Plenty of users only had to pay $1. - Median transaction size: $5k Much easier for users to get in including those operating multisigs, hardware wallets, etc. As long as they were awake obviously. It is also pretty obvious that the investor base was slightly different than on Monday (from the change in split of stables + wallets' funding sources).
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If you participated in the Plasma deposit campaign, I would suggest you do your KYC earlier rather than later. I wouldn't be surprised if there is a mad rush to KYC on Sonar close to the public sale. It wouldn't be great to miss it because you waited until the last day.
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There is a launchpad on BSC that raised 8 figures USDT to try to ape into vaults on mainnet on behalf of their users?!
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Stablecoins just crossed $250bn for the first time. Growth over the last month was pretty much only driven by USDT + USDe Δ over the last month - USDT: +$5.1bn - USDC: -$0.3bn - USDe: +$1.2bn - DAI+USDS: -$0.2bn - BUIDL: $0.0bn cc: @banterlytics
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