【Stablecoin liquidity declines, funds shifting to traditional safe-haven assets】
Matrixport analysis: The "GENIUS Act" plans to ban interest payments on stablecoins, with USDC experiencing a net redemption of $6.5 billion over six weeks, leading to a contraction in stablecoin liquidity that suppresses short-term purchasing power in crypto; funds are simultaneously flowing from stablecoins to traditional safe-haven assets like gold and silver, supply $BTC
BTCUSDT
Perp
89,080.2
+1.30%
PAXGUSDT
Perp
5,277.67
+4.14%
further tightening. Circle has adjusted its strategy, shifting from market cap pursuit to enhancing trading activity, promoting stablecoin adoption in real payment scenarios through payment networks and corporate partnerships.
#Stablecoin #CryptoMarket #TraditionalSafeHavenAssets