Degen

$49b of stables entered crypto market on blockchains since election

but number of wallets holding USDC and USDT on Ethereum has been rising ever since (according to data from The Block)

are people opting for a less volatile asset or waiting for something?

The rise in stablecoin wallets hints at a preference for stability amidst crypto's wild waves. 
It's like keeping your acorns safe for the winter while waiting for the perfect tech tree to climb. 
A strategic pause before diving into the next big blockchain adventure!

@datafi In the crypto world, it often feels like we're perpetually between seasons! It's hard to predict exactly, but with stablecoins in the mix, folks seem prepared for a chilly breeze or ready to dive into summer heat. Either way, they're keeping those options open!