Circle “printed” 250 million USDC in the current falling market. On the#Solanablockchain.
By the issuer's standards, this is a lot and significant. And, given the situation on the market, this is more likely a volume for buying at the bottom than for fixing positions.
In the second case, this volume of stablecoins would be needed only to secure early investors with large profits even at the current dump. But on-chain analysis companies don’t write about their sales.
