Matrixport: Surge in Stablecoins Indicates Crypto Market Remains Resilient
Jinse Finance reported that Matrixport's daily chart analysis indicates that recent market volatility has intensified, but stablecoin capital continues to flow in, reflecting the market's strong resilience. Since the beginning of the year, Tether has issued approximately $42 billion in new tokens, while Circle has issued about $32 billion, totaling around $74 billion in capital continuously injecting momentum into the crypto ecosystem. Compared to the trillion-dollar scale predicted by US Treasury Secretary Bessent for the future, the current level is still relatively low, but it fully demonstrates that the digital asset sector is accelerating in maturity and development. With the trend of de-dollarization accelerating, market demand for stablecoins is further increasing. Stablecoins are not only an important channel for capital to enter high-yield assets but also a key tool for hedging against fiat currency depreciation risks. Overall, liquidity continues to flow into the crypto market, but the pathways have become more mature and diversified.
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.
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