Funds are starting to flow back. On December 26, $USDC inflows to exchanges reached 485M. On December 30, inflows continued. After 2 consecutive months of outflows dominating, we’re starting to see sparks of a turning point. The volume isn’t huge, but it’s significant. At the same time, $USDC maintained a high-frequency issuance rhythm this month: - December 19: Issued 900M - December 26: Issued 900M - December 29: Issued 900M When it’s cold to the extreme, spring will come. If you haven’t joined the group yet, hurry up—more important data is about to be released!