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Adventure Gold(AGLD)
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+14.50%
dForce(DF)
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-8.84%
Solana(SOL)
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-6.88%
LUKSO(LYX)
$2.92
+16.02%
SPX6900(SPX)
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+3.53%
Civic(CVC)
$0.18
+6.53%
Shadow Token(SHDW)
$0.57
-19.91%
Star Atlas(ATLAS)
$0.01
+8.98%
Creditcoin(CTC)
$1.30
-9.53%
Tether Dominates Stablecoin ‘Dry Powder’; Sees $40M Inflow
By
CryptoTale
4 days ago
USDT
- Tether (USDT) witnessed a notable daily net inflow of $40 million over the last 2 months.
- Santiment predicts that this stablecoin ‘dry powder’ will continue until the end of 2024.
- Tether invested in StablR, the European stablecoin provider, to accelerate regional adoption.
Stablecoins secure a significant position in the crypto space, while Bitcoin dominates the prevailing bull market. According to Santiment’s latest report, Tether (USDT) has emerged as a standout stablecoin, witnessing a substantial daily net inflow of $40 million. Notably, over the past eight months, Tether has experienced its highest-ever inflow in the bull market, underscoring its growing prominence.
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