PANews reported on March 18 that Matrixport said the continuous inflow of stablecoin funds is laying the foundation for the growth in Bitcoin demand. Although the surge trend of stablecoins in Q4 2024 has slowed down, the overall growth momentum is still continuing, indicating that funds are continuously flowing into the crypto market.
It is worth noting that despite the impact of the European MiCA regulatory framework on USDT, the market has not seen a large-scale capital outflow. As the inflow of stablecoin funds steadily rises, the demand for Bitcoin may also increase, further driving up the price.