Bluechip(@bluechip_org):Rising stablecoin volumes aren't automatically bullish for stablecoin issuers. $1 of supply can settle more than $1 of volume, based on velocity or how fast the stablecoins change wallets. And issuers like @Circle get paid on the supply (float), and not volume (flow). Since Q3-2024, USDC volume is up 1,245%. Circle's revenue is up 63%.

Bluechip

@bluechip_org

Bluechip is an independent stablecoin rating agency. Join our Telegram group for ratings updates and research -

가입 August 2022

772 팔로잉 중 7.6K 팬

Bluechip@bluechip_org

2026.08.12 21:49

Rising stablecoin volumes aren't automatically bullish for stablecoin issuers. $1 of supply can settle more than $1 of volume, based on velocity or how fast the stablecoins change wallets. And issuers like @Circle get paid on the supply (float), and not volume (flow). Since Q3-2024, USDC volume is up 1,245%. Circle's revenue is up 63%.