Stablecoin Supply Increases Over $5.40 billion After U.S. Election
2024-11-12 22:30:46
Since the US election, the supply of Tether (USDT) and Circle (USDC) stablecoins has increased by more than $5.40 billion in a week. The analysis pointed out that this increase reflects the increase in investor demand for crypto assets. The data shows that both USDT and USDC have recorded supply on different networks, indicating the diversification of stablecoin demand.
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