Stablecoins' market value reaches $231 billion, but its growth slows down. What comes next?
The stablecoin market is displaying warning signs as its 90-day growth rate starts to halt, even if its market capitalization has reached an all-time high of $231 billion.
Stablecoins frequently serve as a leading indicator of market mood and liquidity, thus this downturn coincides with a pivotal moment in the larger cryptocurrency landscape.
Stablecoin growth has historically recovered before significant rallies, most notably in July 2021, when a strong bullish run was fueled by a substantial increase in stablecoin inflows.