The supply of stablecoins has surged to 160 billion USD, with 32 billion USD available on exchanges. Daily inflows are exceeding 1.2 billion USD, suggesting a significant accumulation of capital aimed at potential deployment in the crypto market.
While some analysts warn of caution, others suggest this buildup in stablecoins could lead to a renewed rally in Bitcoin and Ethereum, especially if macroeconomic conditions change favorably, such as anticipated rate cuts from the Federal Reserve.
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