Cryptocurrency Prices to Dip on Decrease of Stablecoins Supply
According to recent reports, if the circulating quantity of stablecoins does not expand further, the crypto market will enter a bear market again.
According to recent reports, if the circulating quantity of stablecoins does not expand further, the crypto market will enter a bear market again.
Recent on-chain data indicate that there has been a decrease in the total amount of stablecoin deposits made throughout the market. Read more on CNL.
Stablecoins are now leading the fight to win people’s acceptance of cryptocurrencies in Argentina as reported in a recent memo. Read CNL for more.
Eggland’s Best, a behemoth egg manufacturer, has announced that it would be releasing a stablecoin whose value is tied to the cost of a single egg.
Recent analysis reveals that the total market worth of all cryptocurrencies is now above $1 trillion. Basically, today’s market value is $1.04 trillion.