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How USDT, USDC played a part in Bitcoin, crypto-market’s fall and recovery – AMBCrypto News

USDT and USDC surge by nearly $3 billion amid crypto market downturn Tether’s USDT recorded $1.5 billion in deposits, while Circle’s USDC recorded $820 million. The entire cryptocurrency market collapsed on Monday despite its previous strong performance. Earlier this week, the global stock market crash sent all cryptocurrencies lower. However, stablecoins defied market expectations throughout […]

What rising USDT, USDC wallets tell you about the market – AMBCrypto News

The growing presence of stablecoins in this movement is very encouraging for cryptocurrency investors. As with previous rounds, stablecoin supply is likely to expand significantly to meet demand and liquidity needs. Stablecoin Wallet Countries with non-zero balances are growing rapidly, Santiment This was observed in a post by X. This phenomenon continued to occur despite […]