On-chain flow

Stablecoin flow

The minting, burning and movement of stablecoins like USDT and USDC as a proxy for crypto buying power.

Stablecoin flow tracks how much stablecoin supply (USDT, USDC and peers) is being minted, burned or moved between wallets and exchanges. Fresh minting and inflows to exchanges often precede buying power entering the market; large burns or outflows suggest the opposite. Sóng follows curated stablecoin supply and exchange balances via public on-chain data.

Educational content, not financial advice.