Stablecoins reach record highs, boosting liquidity in the crypto market! 📈 According to a CryptoQuant report, the total market value of major USD-backed stablecoins has reached $169 billion, up 31% since the beginning of the year. This could be a positive sign for Bitcoin and crypto prices.
USDT reached a record balance of $22.7 billion on centralized exchanges. This increase could push prices of BTC and other crypto assets higher. 🚀