Of particular interest, said Thielen, Circle’s USDC accounted for 40% of recent stablecoin inflows, a far higher share versus Tether’s USDT than is typical. It’s important, he said, as while USDT minting on TRON is typically associated with capital preservation, USDC minting could indicate a rise in DeFi activity.
Original Source: https://www.coindesk.com/markets/2024/09/27/bitcoin-fomo-is-back-10x-researchs-markus-thielen/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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