The issuance of USDT and stablecoins skyrockets. How will it impact bitcoin?
The market capitalization of USD Tether (USDT) has exceeded $120 billion, while that of all stablecoins together reaches $172 billion. This increase implies a greater issuance of these coins, which generally positively influences the price of bitcoin. In recent days, the market capitalization of USDT (which is the largest stablecoin in the world) has increased … Read more