Stablecoin activity increased after a sharp decline in the market caused by tariff wars. Investors are quickly moving to stablecoins as a hedge against volatility, leading to a notable increase in daily transactions.
The stablecoin sector defies bearish trends in the crypto market, boasting a total circulation of around 234 billion USD, primarily driven by USDT and USDC growth. Globally, regulatory frameworks are being established to support this growth.
Following dramatic swings in the crypto market, with Bitcoin dropping from 81,000 USD to 74,000 USD, market sentiment remains bleak, reflected in a fear index score of 19/100, emphasizing the challenges facing investors.
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