USDC (USDC)

Circle minted 750,000,000 $USDC over the past hour‼️ What are they planning for? 👀 https://t.co/Qce7xs8JAJ

Looping assets like stablecoins and LSTs can amplify your gains, but it can also lead to total loss, especially in the current market phase. That's why I currently only trust @humafinance Prime with its Defensive Looping strategy. Defensive Looping tackles three main issues: 🟣 Interest Rate Reversal (Negative Carry) Imagine you borrow money at a 5% interest rate to invest in something that pays you 7%. You’re making a 2% profit. But in crypto, those rates change every minute. If the cost of your loan suddenly jumps to 10% while your investment stays at 7%, you are now losing money every single hour. 🟣 Secondary Market Depegs Think of this like having a $100 gift card that everyone suddenly decides is only worth $80. In looping, you're often counting on two different tokens staying at the same price. If one of them slips (that's what is called a depeg), the system starts automatically selling your assets to cover your debt. This causes the price to drop even further, creating a death spiral where your investment vanishes in seconds. 🟣 Underlying Asset Impairment This is the ultimate game over. Imagine you took out a massive loan using your house as collateral. If the ground opens up and swallows your house, the house is gone, but you still owe the bank all that money. In DeFi, if the main asset you are using breaks or loses its value entirely, your whole strategy collapses, and you're left with nothing but the debt. Huma implemented two mechanisms to counter these issues: 🟣 Automated Yield-Based Deleveraging The system continuously monitors the cost of your loan and the interest you earn. If your positions get in danger, the loop will automatically be deleveraged. 🟣 Primary Market Pricing That's something I wrote about a lot in the past. Many protocols rely on Secondary Market Pricing and are dependent on liquidity on DEXs and price oracles that can cause volatility that might ultimately be a danger for your looping strategy. Defensive Looping instead routes minting, redemptions and liquidations through the primary market, in other words Huma directly. Soon, Huma will also add an Isolated Reserve Layer for additional protection. All that make up to ~25% APY on your USDC in the safest looping way possible.

⚡️ALERT: 750,000,000 $USDC were minted in the last 30 minutes.

JUST IN: 750,000,000 $USDC JUST MINTED IN THE PAST 30 MINUTES. https://t.co/5uM8mMDVb7

🚨 JUST IN: 750 million $USDC minted over the past 30 minutes. https://t.co/U1UQMRXIqO

⚡️ NEW: Circle minted 750 MIL $USDC over the past hour. https://t.co/J5s5iKFzXu

Stable Coin Mint: 2min ago $750m $USDC issued on @solana by the Circle Treasury (aka US Treasury Tbill issuance) https://t.co/yezQM59GWM

To keep trust in the platform, you can’t only share your wins… So yeah - I panic bought the top of gold 😭 Couldn’t handle being sidelined, finally hit buy… and the market drops into its strongest correction in 40+ years. Elite timing 🤝 At least the trade itself was smooth. Order was filled cross-chain in under a minute via deBridge ⚡️