Stablecoin Liquidity Is Shifting đ
According to Crystal Intelligence, USDT balances across 19 selected exchanges and lenders fell by $4.6 billion in Q3, while competing stablecoins like USDC and RLUSD gained around $1.9 billion.
I think this is more than just a competition between stablecoin issuers. It raises a bigger question: are institutions gradually diversifying their liquidity?
USDT still has deep liquidity and strong market adoption, but competition is growing. A decline in exchange balances doesnât automatically mean investors are abandoning Tether.
For me, the key metric to watch is whether this trend continues in the coming quarters.
In crypto, liquidity is power. The real battle is about who earns the marketâs trust.
$BR $AGT $BTC
#Stablecoins #USDT #USDC #RLUSD #CryptoMarket
According to Crystal Intelligence, USDT balances across 19 selected exchanges and lenders fell by $4.6 billion in Q3, while competing stablecoins like USDC and RLUSD gained around $1.9 billion.
I think this is more than just a competition between stablecoin issuers. It raises a bigger question: are institutions gradually diversifying their liquidity?
USDT still has deep liquidity and strong market adoption, but competition is growing. A decline in exchange balances doesnât automatically mean investors are abandoning Tether.
For me, the key metric to watch is whether this trend continues in the coming quarters.
In crypto, liquidity is power. The real battle is about who earns the marketâs trust.
$BR $AGT $BTC
#Stablecoins #USDT #USDC #RLUSD #CryptoMarket