Matrixport: The issuance of new USDT coins has slowed down, and accelerating the issuance may have a positive impact on Bitcoin
According to ChainCatcher, Matrixport published an article on the X platform stating that although the recent market focus is on the flow of funds to Bitcoin ETFs, the inflow of stablecoins continued to increase even during the Bitcoin price consolidation in March/April. This shows that the adoption of cryptocurrencies is still growing rapidly. Recently, the issuance of new $USDT coins has slowed down. If the issuance speed is accelerated, it may have a positive impact on Bitcoin.
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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