The Stablecoin market broke a record by reaching $ 200 billion! Is it a harbinger of ascension? Here are the details

CryptoQuant’a According to the stabilcoin market exceeding 200 billion dollars, the record level and the wider crypto currency industry has signaled the potential rise momentum.

The Stablecoin market increased its expectations by exceeding $ 200 billion.

Stablecoins (digital assets fixed to traditional currencies such as US dollar) serve as a very important source of liquidity for crypto markets and allow investors to move their funds efficiently among different beings.

According to Cryptoquant, the stablecoin market has grown $ 37 billion since the beginning of November, when Donald Trump won the US elections. The company suggests that this liquidity expansion can trigger the next attack for Bitcoin and other crypto currencies.

Cryptoquant analysts, “Bitcoin and crypto prices for the next rise, stabilcoin liquidity can be in the corner as they begin to expand,” he wrote.

TETHER and USDC Stablecoin Masters

Tether (USDT) and USD Coin (USDC), the two largest fixed coins, continue to direct market growth:

• Tether (USDT) continues to be dominant with a market value of $ 139 billion with an increase of 15 %since November.
• The USD Coin (USDC) grew at a high rate of 48 %and reached a market value of $ 52.5 billion.

The USDT’s 30 -day liquidity change returned to a positive positive after 2 %narrowing early this year. In the meantime, USDC’s liquidity increased by 20 %to the fastest growth rate in a year.

Expanding stablecoin supply, Bitcoin (BTC) And it comes with a strong rally in the general crypto market:

• The price of Bitcoin has increased over 50%in recent months.
• According to TradingView’s total market criterion, the total crypto market capitalization rose from $ 2.2 trillion to $ 3.5 trillion.

Analysts see the increase in stabilcoin supply, increasing investor demand and a rise signal that shows fresh capital entering the crypto market. While the liquidity expands and institutional interest accelerates, the next large crypto rally may be immediately close.

*It is not an investment advice.