The stable cryptocurrency circulation marked a new record with an unprecedented record that integrates the role of these assets in market infrastructure.
Currently, the supply of stubcoin has reached $283.2 billion. On top of that, The monthly sender is at 25.2 million.They reflect the data collected by the token terminal company.
Current growth is a positive signal for Bitcoin (BTC). This is because an increase in the supply of stable rocks represents the liquid capital available in the ecosystem.
In exchanges and Defi protocols, these reserves are typically seen as resources ready to deploy towards other digital assets, raising expectations for moving in the market.
In this context, Tether (USDT) maintains leadership. Supply of USDT on Ethereum Net The figures reflect the creation of new tokens and sustained capital revenues since mid-July. This constant flow enhances the liquidity of the Defi platform, provides centralized exchanges and integrates the use of USDT as the main stub coin.
Furthermore, according to the Token Terminal, the use of stubcoins is “growing vertically.” This increase reflects the need for stable liquidity for the volatility of remaining digital assets. Furthermore, their function as a means of exchange of these tokens and as a spare within daily operations is amplified as new users enter the ecosystem.
Recent dynamics suggest that The market is accumulating what analysts like Token Terminal call “dry gun powder.”that is, capital waiting to be unfolded. The above raises a scenario involving a higher entryway to BTC and other cryptographic activity at the next stage of the cycle.
The example above is that last week, $20 million, represented by various stubcoins, was entered by Cryptootics, the largest cryptocurrency exchange on the market. This has so far been the largest capital entrance movement for these assets. The event was raised hours before the US Federal Reserve cuts interest rates.
