Matrixport: The market value of stablecoins continues to grow, showing the resilience and application potential of the crypto market
according to Matrixport, stablecoin funds continue to flow into the market, although the growth rate has slowed down, it still shows a steady upward trend. According to the latest data, the market value of Tether (USDT) has approached nearly $14.6 billion, while the market value of Circle (USDC) remains around $6 billion. This phenomenon indicates that the crypto ecosystem is continuing to develop, and in the context of global stock and bond markets facing uncertainty, crypto assets are gradually becoming a more uncorrelated asset class. Analyst Markus Thielen pointed out that as international tariffs and trade war rhetoric continue to escalate, the potential use cases for cryptocurrency become more attractive, which also brings a certain optimistic sentiment to the market outlook. Although the current growth trend is not yet enough to trigger a large-scale altcoin market, it clearly shows that the industry's development is far from stagnant.
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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