Source: Coindesk.com
The supply of leading stablecoins USDT and USDC grew by $10 billion in the past 30 days, twice the inflows to bitcoin ETFs during the same time, 10x Research noted. Stablecoins are tokens pegged predominantly to the U.S. dollar, and are widely used as a bridge between traditional currencies to digital assets and liquidity for trading.
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The post "Stablecoin Growth Is More Important Cue for Crypto Bull Market Than Bitcoin ETF Inflows: Analyst" appeared first here Coindesk.com.
Source: Coindesk.com
