Matrixport: The continuous inflow of stablecoin funds lays the foundation for the growth in demand for Bitcoin
Golden Finance reports that Matrixport released a chart today stating that despite the slowdown in the surge trend of stablecoins in the fourth quarter of 2024, overall growth momentum is still continuing, indicating continuous capital inflow into the crypto market. It's worth noting that although the European MiCA regulatory framework has an impact on USDT, there has not been a large-scale capital outflow from the market. As stablecoin capital inflows steadily increase, Bitcoin demand may also grow, further driving up prices.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget launches the 3rd phase of the VIP exclusive airdrop event, trade to unlock 25,000 XRP
Elon Musk: Grok Imagine now supports text-to-video functionality
Animoca executive: Plans to expand business focus to stablecoins, AI, and DePIN sectors by 2026