🚀 Bitcoin (BTC) is flirting with the $70,000 mark, and the crypto community is buzzing! CryptoQuant CEO Ki Young Ju says stablecoin supply is growing, but not enough to pump BTC prices just yet. 📉

- BTC-to-Stablecoin Exchange Reserve Ratio shows 6x more BTC than stablecoins on exchanges.

- Only 21% of stablecoins are on exchanges for trading, down from 50% in 2021.

- Stablecoins are now more like digital piggy banks or remittance tools, especially in high-inflation countries.

Ju and WonderFi CEO Dean Skurka agree: ETF flows and Coinbase USD liquidity are key for market momentum. 💡

What do you think? Share your thoughts below! 👇