Cheeezzyyyy
Cheeezzyyyy
USDC+0.01%
USDT-0.16%
SOL+0.40%
Stablecoin season is here with overall supply at ATHs of $251.3B. As the 2nd largest stablecoin, $USDC has long proxied broader macro flows. Now it sits at an ATH of $63.1B w/ strong $CRCL post-IPO performance. Speculating on this comes with exciting multi-faceted dynamics that fuels its recent growth: 1. Expansion across alt-VM ecosystems 2. Emerging insti participation on CeFi/TradFi front And as the landscape evolves, so does the underlying distribution curve which is where the opportunity lies. For those looking to directly speculate on $USDC 's trajectory, @alkimiya_io’s USDC Supply Market now offers that access.
Gallery 1
Alkimiya⌛
Alkimiya⌛
The first-ever Stablecoin Metrics Market is live on Alkimiya! 👉🏻 Introducing USDC Total Supply 👈🏻 With a 41% YTD increase as the 2nd largest stablecoin, this market offers direct exposure to Circle’s fundamentals. Today you can long or short USDC’s Total Supply 🧵
Attaching app link for those interested in checking it out:
Show original
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.