Source: Coindesk.com
Stablecoin market capitalization has steadily reached $169 billion led by USDT and USDC, with the increase preceding price movements in past cycles. Historical data suggests a positive correlation between increased stablecoin balances on exchanges and rising Bitcoin prices, with a notable 146% increase in USDT on exchanges since January 2023. There has been a significant
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Source: Coindesk.com