Stablecoin Surge: A Signal of Crypto Market Readiness? ๐
The Aggregate Stablecoin Supply is inching towards an all-time high of $160.4B, hinting at a surge in crypto-native, dollar-denominated capital. While this #capital isn't yet flowing into Risk Assets, the growth suggests a robust #Investor Demand for stability within the volatile crypto market. ๐๐ฐ
Could this be the calm before the storm, or a new trend towards safer haven assets in #Crypto ? ๐ค