Liquidity Is Choosing Sides As $100M in $USDC Migrates.
Nearly 100 million USDC was burned on Solana and instantly re-minted on Ethereum.
This wasn't necessarily an issuance; rather, a relocation of stablecoin liquidity across chains. Capital changed rails.
Stablecoin movement attracts attention and $ETH has pulled the flow. #stablecoin