The market capitalization of stablecoins is currently stable around 309 billion USD
This is NOT a good signal but rather a double-edged issue:
๐น Crypto prices are falling and money is shifting to stablecoins as a safe haven
๐น HOWEVER, despite this shift, the total market capitalization of stablecoins has not increased
This means that actual liquidity is either stagnating or quietly withdrawing from the market.
This is NOT a good signal but rather a double-edged issue:
๐น Crypto prices are falling and money is shifting to stablecoins as a safe haven
๐น HOWEVER, despite this shift, the total market capitalization of stablecoins has not increased
This means that actual liquidity is either stagnating or quietly withdrawing from the market.