đ Stablecoin Market Cap Hits Unprecedented Highs! đ
The total stablecoin market cap, excluding algorithmic stables, has just rocketed past its early 2022 peak, setting a new all-time high! đ This surge indicates a massive influx of new capital into the crypto space. đđ°
#Stablecoins are now more crucial than ever, with #USDT leading the charge, commanding over 70% of the market! đȘ The entry of #PYUSD into the top 5 further solidifies the sector's growth. đ
Despite trading volumes taking a breather, the influx of fresh funds suggests big players are eyeing the #crypto market. đ§đ Could this be the calm before a #bullish storm? đȘïžđ
Remember, when liquidity pumps up, often, #Bitcoin follows. đđ„