This Key Metric Suggests the Crypto Market’s Downturn Will Be Shortlived
If you’ve been on Crypto Twitter at all over the past few months, you’ve likely noticed multiple tweets like the one seen below; stablecoin companies, from Tether to Circle and Paxos, are issuing tens of millions of dollars worth of these digital assets day after day. 10,000,000 #USDC (10,000,000 USD) minted at USDC Treasury
Tx: https://t.co/QPZHnQzN3h
— Whale Alert (@whale_alert) March 29, 2020In fact, according to data from blockchain analytics company Coin Metrics, the value
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