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maral
@marali
The total market cap of stablecoins is approaching a new all-time high of $240 billion, with over $5 billion in new stablecoins issued in the past week alone. Analysis: This means investors are heavily pouring cash into the crypto market, as stablecoins typically act as a gateway for cash capital into the cryptocurrency world. Such growth could signal that the market is ready for a bullish rally, as an increase in stablecoin supply is usually accompanied by subsequent purchases of digital assets.
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