CryptoQuant CEO: Stablecoins are beginning to flow into the market, and the market value has hit a new high recently

According to ChainCatcher, CryptoQuant CEO Ki Young Ju said in a post on X that stablecoins are beginning to flow into the market. Its market value has been rising since the beginning of July, reaching a record high last week. USDT accounts for 70% of the total market value of stablecoins.

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