🚀 Bitcoin is getting closer to its all-time high, bringing a bullish vibe to the crypto market! Behind the scenes, Tether (USDT) is also joining the fun with significant inflows to exchanges.

- Data from Santiment shows an average of $40 million in USDT inflows per day over the past eight weeks. This is like ‘fuel’ for the historic crypto price surge!

- As we approach the end of 2024, these inflows could be a positive signal for further upward momentum. Who doesn’t love a little extra ‘dry powder’?

- Interestingly, USDT now controls 66% of the $212 billion stablecoin market, beating Bitcoin for daily transactions!

- A report from Standard Chartered and Zodia Markets predicts stablecoins could grow from 1% to 10% of the US M2 money supply. Imagine the potential for faster and cheaper transactions!

What do you think? Is this a good time to invest? 💬