Cointime

Download App
iOS & Android

Matrixport: Stablecoin funds continue to flow in, laying the foundation for the growth of Bitcoin demand

  • Wechat scan to share

Matrixport released a chart today, stating that although the surge of stablecoins in the fourth quarter of 2024 has slowed down, the overall growth momentum is still continuing, indicating that funds continue to flow into the crypto market. It is worth noting that despite the impact of the European MiCA regulatory framework on USDT, the market has not seen a large-scale outflow of funds. With the steady increase in stablecoin funds flowing in, the demand for Bitcoin may also increase, further driving up prices.

Comments

All Comments

Recommended for you