$76B Fiat Flood into Crypto Sends Strong Market Signal
The stablecoin market is witnessing a remarkable surge. Billions of fresh capital are potentially setting the stage for increased trading activity and asset appreciation.
USDT and USDC’s combined growth means investors are positioning for further upside across the crypto market.
Billions in Fiat Pour
Tether’s USDT saw its market cap climb from $120 billion before the US election in November 2024, when Donald Trump secured a victory, to the current $165 billion, according to data shared by Matrixport.
During the same period, Circle’s USDC leaped from $34 billion to $65 billion. This $76 billion influx of fiat into crypto through just two stablecoins is indicative of a renewed investor confidence as major political…
