Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Stablecoin supply up $5.4bn after US election

Stablecoin supply up $5.4bn after US election

Bitget2024/11/12 22:49

The supply of the two major stablecoins, Tether (USDT) and Circle (USDC), has increased by $5.4 billion in a week since the US elections. Analysts say the increase reflects rising investor demand for crypto assets. The data shows that both USDT and USDC had record supply on different networks, indicating a diversification in the demand for stablecoins.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!