Cryptocurrency Market Surge Driven by Growing Stablecoin Supply!
2025-07-12 15:45:51
Main Idea
The cryptocurrency market is experiencing a surge driven by the growing supply of stablecoins like USDT and USDC, which indicates increased demand and new capital inflows.
Key Points
1. USDT's market capitalization has reached approximately $160 billion, while USDC's has grown to $62.8 billion.
2. Since early July, USDT and USDC have seen increases of $1.4 billion and $1.3 billion, respectively.
3. After a brief downturn in April, USDT and USDC recorded growth rates of approximately 10.5% and 4.6%, respectively.
4. Caleb Franzen of Cubic Analytics noted that periods of accelerating stablecoin issuance correlate with Bitcoin price rises, signaling new investments.
5. Stablecoins enhance liquidity in the crypto market by allowing participation without reliance on centralized exchanges.
Description
The cryptocurrency market is fueled by Bitcoin and stablecoin growth. Stablecoins like USDT and USDC have significantly expanded their supply. Continue Reading: Cryptocurrency Market Surge Driven by Growing Stablecoin Supply! The post Cryptocurrency Market Surge Driven by Growing Stablecoin Supply! appeared first on COINTURK NEWS .
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