ChainCatcher message, Matrixport released a daily icon analysis stating that the rapid expansion of stablecoins continues to drive the cryptocurrency industry forward. Before Trump's election in November last year, Tether's market value soared from $120 billion to $165 billion; Circle's market value also rose from $34 billion to $65 billion.
With just two channels, a total of $76 billion in fiat funds flowed into the cryptocurrency market, not including increments from other channels. The acceleration of fund inflows and the increasingly clear regulatory environment indicate that this trend is still in its early stages, also releasing a strong signal that the foundation of the cryptocurrency industry is accelerating and solidifying, and the space for development is continuously expanding.