Stablecoin Inflows Surge As Investors And Institutions Buy The Dip

Stablecoin Inflows Surge As Investors And Institutions Buy The Dip

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Source: TheMerkle.com

On August 6th, the net inflow of stablecoins to exchanges soared to nearly $1 billion, marking the highest level since April 2023.

This surge comes on the heels of the market downturn on August 5th, which appears to have triggered a wave of buying activity, with both retail investors and institutions seizing the opportunity to buy the dip.

Yesterday, the net inflow of stablecoins to exchanges reached nearly $1 billion,

Read More https://themerkle.com/stablecoin-inflows-surge-as-investors-and-institutions-buy-the-dip/

The post "Stablecoin Inflows Surge As Investors And Institutions Buy The Dip" appeared first here TheMerkle.com.

Source: TheMerkle.com

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