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Artemis
@artemis
Thesis Investment Platform. Trusted by Visa, McKinsey, VanEck, Sequoia & Ribbit.
Joined April 2022
1.4K Following    46.1K Followers
Imagine each stablecoin has $100 in circulation. How much of that money moves on a typical day? @USDC: $98 moves. USDT: $19 moves. Most of the money stays put. RLUSD, PYUSD, USDS, and DAI: $11–$12 moves. They are used, but much less frequently. USD1 and USDe: $6–$7 moves. Most of the money sits idle. BUIDL and USYC: Less than $1 moves. These are not really spending money. They are places people park cash.
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