Circle “printed” 250 million USDC, after the same portion last week, on July 5th. This time - again on the#Solanablockchain.
Total - 500 million USDC in five days for market needs. Let us repeat, by the standards of this issuer, 250 million was already a lot and significant.
They calculated that since July 1, a total of 1.033 billion USD has already been “printed.” And only 75.542 million#USDCwere burned (#Circle, unlike #Tether, often also burn their stablecoins).
It seems that additional liquidity is being pumped into the market (and taking into account the specifics of stablecoins - primarily American ones) in portions. At least, there are no panic sales or major fixes in the background for this “print” of stables. This means that new USDC are unlikely to close positions in profit. For altcoins - certainly. Most of them did not show significant growth, many even rewrote the loi of last year.
