⚯ Michel de Cryptadamus ⚯<p>the arrest of <a href="https://universeodon.com/tags/JeffreyEpstein" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JeffreyEpstein</span></a> did amazing things for <a href="https://universeodon.com/tags/stablecoins" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>stablecoins</span></a>... average daily on chain volume basically permanently doubled overnight.</p><p>this isn’t conclusive but… if we were living in a world where epstein’s arrest suddenly deprived the world of a major money launderer whose customers suddenly found themselves in need of a new provider, and then the provider they chose was <a href="https://universeodon.com/tags/Tether" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Tether</span></a>, this is what one would expect the chart to look like…</p><p>(also 6 days after <a href="https://universeodon.com/tags/epstein" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>epstein</span></a> was arrested there was a weird $5 billion issuance of new Tether <a href="https://universeodon.com/tags/USDT" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USDT</span></a> tokens followed immediately by a $4.5 billion burn/redemption transaction. I assume that was a fat finger originally intended to mint only $500 million so i stripped it out of the chart… but i will at least note that someone went to issue $5 billion in stablecoins 6 days after epstein’s arrest. i can post that chart if anyone's curious)</p><p>data: <a href="https://dune.com/crypto_oracle/epstein-stablecoin-vol" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">dune.com/crypto_oracle/epstein</span><span class="invisible">-stablecoin-vol</span></a></p><p><a href="https://universeodon.com/tags/crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>crypto</span></a> <a href="https://universeodon.com/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cryptocurrency</span></a> <a href="https://universeodon.com/tags/stablecoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>stablecoin</span></a> <a href="https://universeodon.com/tags/GENIUSAct" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GENIUSAct</span></a> <a href="https://universeodon.com/tags/epstein" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>epstein</span></a> <a href="https://universeodon.com/tags/epsteinCoverUp" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>epsteinCoverUp</span></a> <a href="https://universeodon.com/tags/epsteinFiles" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>epsteinFiles</span></a></p>