What does Circle minting 100 million USDC on Ethereum and the large influx of stablecoins mean?

Question

[Chain News] There have been big moves on-chain again.

It has just been detected that Circle minted a total of 100 million USDC on the Ethereum network. This large-scale minting usually indicates an increase in market demand, which may signal the entry of institutions or exchanges replenishing liquidity.

The minting volume of stablecoins has always been an important indicator for observing the flow of funds in the market. After the last large minting by Circle, market liquidity has noticeably improved. Now another 100 million has come in, indicating that funds are ready to enter the market.

That being said, the circulation of USDC on the Ethereum blockchain has been steadily increasing recently, and the activity of DeFi protocols is also on the rise. Will this wave of operations drive a new round of on-chain capital flow? Grab your little stool and keep observing.

RebaseVictim · Accepted Answer

Large institutions are quietly accumulating, while we retail investors are still in our dreams.

SatoshiChallenger · Answer

Interestingly, every time there is a large-scale coin minting, it is interpreted as a "funds entering signal", but the data shows that during each cycle, the peak of minting often appears at the top...

It&#39;s not me being cynical, this logic is the same as that wave in 2021. We need to wait for real on-chain activity data to speak, don&#39;t get carried away by the narrative.

One hundred million USDC sounds impressive, but what percentage of the total circulating supply does it represent? We need to clearly see whether this is for restocking or real demand.

Ironically, the more we "observe", the easier it is to get played. I suggest first looking at the number of active on-chain addresses over the past three months before believing this narrative.

Here it comes again, every time they say "ready to enter", but what happens? The historical lessons are right there.

MidnightTrader · Answer

Another 100 million is coming, is it really time to da moon this time?

LiquidityWitch · Answer

Another signal to Be Played for Suckers.

ImpermanentPhobia · Answer

Another trap? People in the crypto world love to tell stories based on the minting volume of stablecoins.

ETHReserveBank · Answer

Can&#39;t sit still a bit, big funds are really gathering.

MysteriousZhang · Answer

Wow, 100 million USDC just came in, this pace is a bit different

I need to keep a close eye on this, is the liquidity about to heat up?

Wait, what happened last time after the minting, I can&#39;t remember.

ShitcoinConnoisseur · Answer

100 million USDC minted all at once, this time someone really wants to get on board, right?

Institutions are starting to stir again, when stablecoins increase, the market is about to come.

With such operations by large funds, how can small investors dare to move?

I heard that last time after minting, liquidity rose significantly. Will this time be a historical repeat?

USDC surged, DeFi became active again... it feels like it&#39;s about to start.

Just looking at the minting volume to judge anything is not enough; the key is to see who has really come in.

With sufficient liquidity, it’s time to see if there are new stories to tell.

I’m a bit suspicious if this is paving the way for some big event.

Stablecoins are being dumped on-chain, it feels like the market is accumulating energy.

Just like that, 100 million is dumped down; either institutions are entering, or someone is about to play people for suckers.

What does Circle minting 100 million USDC on Ethereum and the large influx of stablecoins mean?

Trending Topics

GoldandSilverHitNewHighs

TrumpWithdrawsEUTariffThreats

GateWeb3UpgradestoGateDEX

BitcoinWeakensVsGold

RIVERUp50xinOneMonth

Hot Gate Fun

oqoq

大鲨币

LC

来财

FC

发财

NOR

N

AFL

AfLink

Pin