Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B

Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B

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Source: Coindesk.com

Expansion of the stablecoin market is bullish for the broader crypto ecosystem. BTC and ETH slid amid broad-based risk aversion on Wall Street.

Stablecoins, which serve as a funding source for many crypto trading strategies, are experiencing growth after months of stagnation in a sign of renewed capital influx into the

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The post "Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B" appeared first here Coindesk.com.

Source: Coindesk.com

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