The Stablecoin market exceeds $ 200 billion, which enhances the optimism of the encryption market
The market value of Stablecoins has penetrated only 200 billion dollars, as it reached a record rise in a sign that the encryption market may be ready for further growth, according to Cryptoquant.
Stablecoins are digital symbols that The value is linked to anotherUsually the US dollar, to provide, as the name suggests at a stable price. It is used by merchants to maintain the value of their investments as a transformation between assets.
According to Cryptoquant data, the Stablecoin market has grown 37 billion dollars since early November, when President Donald Trump won the US elections.
“The next stage of bitcoin and encryption prices can be just around the corner, as the liquidity motivation in Stablecoin begins to expand again,” Cryptoquant wrote in a report.
Tether’s usdt The dominant pioneer Stablecoin, with $ 139 billion in the market, has still grown 15 % since November. The state’s international rotation is the following, with $ 52.5 billion in $ 48 % during the same period, according to Cryptoquant data.
Usdt’s liquidity change has become a bit positive after 2 % at the beginning of the year. Meanwhile, the USDC liquidity change increased by 30 days by 20 %, which is the fastest pace per year.
Bitcoin (BTCIn comparison, more than 50 % rose, and the total encryption market is now 3.5 trillion dollars from $ 2.2 trillion, according to Metric Tradingview, the total.
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