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Circle issued an additional 500 million USDC on Solana in the past half hour.
BlockBeats news, June 8: According to Whale Alert monitoring, at 16:53 Beijing time today, Circle once again issued 250 million USDC on Solana, and within about half an hour, it has cumulatively issued 500 million USDC on Solana. [Original link]
Next, you need to keep an eye on three things: whether the related funds continue to flow in, whether on-chain trading volume and open positions continue to expand, and whether the project team or regulators provide new confirmation information. A single news flash can only show that sentiment has been ignited; the subsequent data will determine whether it can solidify into a trend.
Risks should also be put on the table: if subsequent trades and capital inflows cannot keep up, the market is likely to digest it as a one-off pulse.
$sol #usdc #Stablecoins #链上数据 #Regulation