According to Odaily Planet Daily, the latest chart released by Matrixport shows that as the price of Bitcoin rebounds, the minting speed of stablecoins has also accelerated, indicating that fiat currency is steadily flowing into the cryptocurrency market.
Although the 7-day mint ratio remains volatile, current inflows have increased significantly compared to the weak period earlier this summer. This trend is a positive signal for the encryption market, which means that as long as the entry channel for stablecoins remains open, the price of Bitcoin is expected to continue to rise.
