#ETH4500Next?
💥💥BOMB💥💥
💰💰 Stablecoins are exploding in use and capitalization 💰💰
📈According to Bitwise, they are in full "parabolic phase".
EXPLOSIVE Growth
✅The transaction volume with stablecoins skyrocketed to over 8 TRILLION dollars✅
✅Capitalization exceeds 210 BILLION, marking new all-time highs✅
✅USDT and USDC dominate, but the growth of other stablecoins is also accelerating✅
📛📛 What does it mean 📛📛
🔰More stablecoins = more “digital dollars” circulating🔰
🔰They are a form of parallel liquidity: they allow moving capital, operating, lending, and saving outside the traditional banking system🔰
🔰Their growth is equivalent to a monetary expansion without the FED touching rates or issuing money🔰
How does it relate to Bitcoin and Stablecoins
🥁Stablecoin issuers could take refuge in BTC to hedge against devaluation🥁
🥁Stablecoins increase the overall liquidity of the crypto ecosystem🥁
🥁With more digital dollars, more capital ends up flowing into Bitcoin and cryptocurrencies🥁
FINAL CONCLUSION
🚀🚀The greater the use of stablecoins, the more infrastructure, more adoption, and more potential money inflows into Bitcoin and cryptos🚀🚀