Among the stablecoins, USDT and USDC inflows diverged, with USDT inflows of 135 million and USDC continuing to show significant outflows of 300 million.USDC has been showing significant outflows for three consecutive weeks, but the size of the outflows is decreasing. It is unclear whether the outflows of the compliant USD stablecoin are related to the recent strength of the USD and lower expectations of interest rate cuts.

Interesting trend! It’ll be worth watching if USDC's outflows stabilize, especially with the USD's current strength. What's your take on how this could affect the broader crypto market?