According to The Defiant, issuance and redemption processes directly alter the circulating supply of stablecoins, while transfers do not. A price movement can change a stablecoin’s market capitalization without any tokens being issued or redeemed.
According to The Defiant, issuance and redemption processes directly alter the circulating supply of stablecoins, while transfers do not. A price movement can change a stablecoin’s market capitalization without any tokens being issued or redeemed.
