Since the US election, the supply of the two major stablecoins, Tether (USDT) and Circle (USDC), has increased by $5.4 billion in one week. The analysis indicates that this growth reflects the rising demand for crypto assets. Data shows that the supply of USDT and USDC on different networks has reached record highs, indicating the diversified development of stablecoin demand.
Stablecoin supply increases by $5.4 billion after US election
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