Stablecoin activity is on the rise! ๐ Amidst the ongoing trade war and crypto market volatility, stablecoins have hit their highest activity level since Feb 2025, with $72 billion in supply. Investors are flocking to these digital assets as Bitcoin and others face steep declines.
Despite a 24% drop in the crypto market cap over the last 90 days, stablecoins like USDC and USDT have grown by 13% YTD. As global uncertainties persist, stablecoins are becoming a safe haven. Regulatory efforts in the US, UK, and Kenya aim to bolster this sector. ๐ Keep an eye on this evolving landscape!