Stablecoin Liquidity is Increasing, What Does This Mean? (CryptoQuant)
Rising stablecoin liquidity could lead to increasing prices for crypto assets. Here's why.
Rising stablecoin liquidity could lead to increasing prices for crypto assets. Here's why.
"It's coming to the XRPL but when is really up to Ripple as it's their token," one popular X user
Tether's $97.6 billion in U.S. Treasury bonds highlights the prominence of stablecoins in the global capital market.
"Keep an eye out for the latest updates, and stay vigilant against scams," Ripple's team advised.
Despite Ethereum's successes, there is uncertainty around its future growth, with the path for new decentralized applications unclear.
Blockchain data shows Celo's growth was boosted by key applications like Minipay and Valora, particularly in markets like Nigeria and
New dollar-backed stablecoin will reportedly offer rewards for liquidity providers and prioritize transparency.
Developing countries use stablecoins as a portfolio item, to find better conversion rates, and to pay for goods and services.
BTC briefly exceeded $58,000 on Monday evening for the first time since last Thursday.
"It will probably only ever be available directly to institutions," Ripple's CTO said.