#StablecoinSurge
The surge in stablecoins can be attributed to several key factors:
1. Market Volatility – When Bitcoin or other cryptocurrencies experience sharp fluctuations, traders move their funds into stablecoins like USDT, USDC, and DAI to protect their capital from losses.
2. Increase in Payments and Remittances – Stablecoins are increasingly being used for cross-border transactions due to their speed and low fees compared to traditional banking systems.
3. DeFi and Yield Farming – Many DeFi platforms offer interest on stablecoins, attracting users to lock their assets in lending protocols, increasing demand.
4. Institutional Adoption – Large corporations and financial institutions are adopting stablecoins for liquidity management and settlements, further driving demand.