Okay, so apparently someoneās been stuffing a lot of actual money – like, government-issued, boring money – into crypto. Seventy-six billion dollars worth, to be precise. Which, letās be real, is enough to buy a small country, or at least a really nice vineyard. Theyāre calling it a āstrong market signal.ā I call it someone finally figuring out what a stablecoin is. Took āem long enough. š
USDT and USDC are basically flexing their financial muscles. Investors are apparently betting the market is going toā¦go up. Groundbreaking. Next you’ll tell me water is wet.
Billions in Fiat Pour (Seriously)
Tetherās USDT went from $120 billion to $165 billion since Trump won the election (yes, that election). Iām not saying thereās a connection, but Iām also not not saying thereās a connection. š¤ Circleās USDC also had a glow-up, jumping from $34 billion to $65 billion. Itās like they saw Trump win and were like, āOh no, we need crypto!ā
This whole thing is happening at the same time as, get this, *regulatory clarity*. Like, adults are actually discussing rules for this stuff. And apparently, a bill called the GENIUS Act (seriously, who names these things?) passed. Trump signed it, because of course he did. Itās designed to make sure stablecoins donāt justā¦disappear overnight. Which is good. For everyone. š
Circle Goes Public, Tether Stays Home
So, Circle is now a publicly traded company. They had an IPO, raised a billion dollars, and their stock is doing ridiculously well. Five times the debut price! Theyāre even building their own blockchain. Itās all veryā¦corporate. Meantime, Tether is over there, like, “Nah, weāre good. Weāll just observe from the shadows.” Which, honestly, feels very on-brand for Tether. š¤·āāļø
Basically, the crypto world is gettingā¦respectable? Is that a good thing or a bad thing? I need a drink. And possibly a financial advisor.
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2025-08-14 07:04