Analysis: Stablecoin surge shows crypto market remains resilient

PANews reported on October 15th that Matrixport published an analysis in today's chart, stating that despite recent increased market volatility, stablecoin funds continue to flow in, reflecting the market's strong resilience. Since the beginning of the year, Tether has issued approximately $42 billion in new tokens, while Circle has issued approximately $32 billion, totaling approximately $74 billion in new tokens, which are continuously injecting momentum into the crypto ecosystem. While the current level is still relatively low compared to the trillion-dollar scale predicted by US Treasury Secretary Bessent, it fully demonstrates the accelerated maturity and development of the digital asset sector.

As the trend toward de-dollarization accelerates, market demand for stablecoins is growing further. Stablecoins serve as both a crucial channel for capital to enter high-yield assets and a key tool for hedging against the risk of fiat currency devaluation. Overall, liquidity continues to flow into the crypto market, albeit through more mature and diverse channels.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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