Source: Coindesk.com
The expansion of the top three stablecoins, USDT, USDC and DAI, a powder keg used to fund token purchases, has stalled since the bitcoin halving. A potential soft U.S. CPI print on Wednesday may revive inflows into the market. China's plan to step up fiscal support to the economy may bode well for risk assets.
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The post "Stablecoin Expansion Stalls Ahead of U.S. Inflation Data" appeared first here Coindesk.com.
Source: Coindesk.com
