Glassnode: Stablecoin supply slows down, crypto market liquidity shrinks
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reported that glassnode posted on X platform that the stablecoin supply continues to grow, but the growth rate has slowed down in recent weeks. As stablecoins are widely used as core pricing assets in the crypto market, this slowdown further confirms the trend of shrinking liquidity and declining risk appetite in the entire digital asset market.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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