# Stablecoin market moves! 💰

This week, the supply of two major stablecoins, Tether (USDT) and Circle (USDC), surged by nearly $3 billion! After the market crash on Monday, investors rushed to buy cryptocurrencies at the bottom.

According to Lookonchain data, Tether has transferred $1.3 billion of USDT to exchanges and market makers, with a market value of over $115 billion, a record high. USDC market value also increased by $1.6 billion to $34.5 billion, the highest level since March 2023.

USDC funds inflow on the Ethereum network was $1.36 billion, and $356 million inflow on Solana. What do you think of this wave of operations? Welcome to discuss in the comment area!