The stablecoin market has expanded significantly, surpassing 233 billion USD in market cap. This growth is attributed to a remarkable transaction volume of 27.6 trillion USD in 2024, showing their key role in the crypto economy.
Altcoins are struggling as liquidity flows into stablecoins like USDT and USDC. This shift indicates a change in investor behavior, highlighting a preference for stability during market downturns, which may hinder altcoin price recovery.
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