Institutional Analyst at a Leading Exchange: Continued Growth in Stablecoin Supply Signals On-Chain Liquidity Recovery
According to Foresight News, David Duong, an institutional analyst at a certain exchange, stated, "The supply of stablecoins continues to grow, with strong monthly momentum, indicating a recovery in on-chain liquidity. The circulation of stablecoins has reached a record $265 billion, with a 5% growth rate over the past 30 days—well above the zero line, though lower than the double-digit growth seen in January."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ - BNY Mellon reports better-than-expected Q3 results, stock price rises
BUZZ - PNC shares drop as third-quarter revenue misses expectations
BUZZ—US Stock Market Update: Barrick Gold, Venture Global, GE Vernova
Crypto prices
More
