Bitcoin Price (BTC) Could Rise to $70K and Then Record High

Of particular interest, said Thielen, Circle’s USDC accounted for 40% of recent stablecoin inflows, a far higher share versus Tether’s USDT than is typical. It’s important, he said, as while USDT minting on TRON is typically associated with capital preservation, USDC minting could indicate a rise in DeFi activity.