đ **Crypto Market Trends: Stablecoins in the Spotlight!** đ
The Federal Reserve's recent interest rate cuts are shaking up the stablecoin world! With top stablecoins like Tether (USDT) and Circle's USDC holding a whopping $125 billion in US treasury bills, the revenue impact is huge.
- **Rate Cuts Impact**: Each 50-bps cut could slash $625 million from stablecoin interest income. With more cuts expected, total losses might hit $1.5625 billion! đž
- **Market Cap Growth**: Despite the pressure, stablecoins' market cap rose 1.50% in September, reaching $172 billion.
- **Trading Volumes**: Centralized exchanges saw a 39.4% drop in trading volumes, hinting at a potential rebound soon.
What do you think? Will stablecoins bounce back? Share your thoughts below! đ
