📊 Absolute dominance of stablecoins: Have they become the real driver of the market?
Recent data indicates a radical shift in the nature of liquidity within on-chain networks; the average daily transfer volume of USDT and USDC has reached approximately $192 billion.
💡 Key observations:
* Value doubling: This staggering figure represents double the trading volume of the top five cryptocurrencies (including Bitcoin and Ethereum) combined.
* Liquidity driver: Liquidity within the network is increasingly driven by stablecoins (#Stablecoins) rather than the native tokens of projects.
* Behavioral change: This reflects a significant reliance by investors and institutions on the price stability of dollar-pegged currencies to execute their trades and transfer assets.
Conclusion: Stablecoins are no longer just a "safe haven" during volatility; they have become the essential artery that feeds the entire crypto ecosystem.
#Crypto #Cryptocurrencies #DigitalEconomy #Trading #Bitcoin #Liquidity #Technology #StablecoinRatings Stablecoin #USDT #USDC #Blockchain
