Liu said that while a portion of that capital is being used for other purposes – for example, to earn yield through DeFi protocols – the sheer size of the available liquidity meant that, if crypto prices start rising again, stablecoins will likely add fuel to the fire.
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Tom Carreras
https://www.coindesk.com/markets/2024/10/15/why-the-172b-stablecoin-market-could-send-crypto-prices-higher/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-10-15 18:11:47