There has been a dramatic surge in the amount of Tether (USDT) and USD Coin (USDC) entering cryptocurrency exchanges. This uptick in stable coin inflows has captured the attention of investors and analysts alike, raising questions about its implications for Bitcoin (BTC) and the broader cryptocurrency market.
Surge in Stable coin Inflows
According to Axel Adler Jr, a contributor to Crypto Quant, the monthly average inflow of USDT and USDC to exchanges has recently increased significantly.·
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