Stablecoin Expansion Continues as Bitcoin Rally Appears to Stall
Submitted by Anonymous (not verified) on Wed, 04/03/2024 - 12:00The unabated expansion of stablecoin supply shows capital continues to flow into the crypto market, one observer noted.
The unabated expansion of stablecoin supply shows capital continues to flow into the crypto market, one observer noted.
The unabated expansion of stablecoin supply shows capital continues to flow into the crypto market, one observer noted.
On-chain data suggests the whale entities have bought up around 5% of the supply of the major stablecoins over the past three weeks.
The stablecoin issuer's BTC holdings now top 75,000 tokens worth about $5 billion.
The stablecoin issuer's BTC holdings now top 75,000 tokens worth about $5 billion.
On-chain data shows the Bitcoin Exchange Stablecoins Ratio has plunged to its lowest since March 2023. Here’s what this could mean for BTC.
We need to start thinking of blockchains as infrastructure for financial innovation rather than concentrating on the prices of a few digital assets
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