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Data: The supply of stablecoins increased by 5.4 billion US dollars after the US election

Data: The supply of stablecoins increased by 5.4 billion US dollars after the US election

Bitget2024/11/13 00:50

According to reports, since the U.S. election, the supply of two major stablecoins, Tether (USDT) and Circle (USDC), has increased by $5.4 billion within a week.

Analyses point out that this growth reflects an increase in investor demand for crypto assets. Data shows that USDT and USDC have set records for supply on different networks, demonstrating diversified development in stablecoin demand.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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