🔥As demand for stablecoins rises and a number of institutions and companies move toward settling transactions with them, analyzing dollar dominance becomes a form of madness rather than a tool to monitor liquidity transfer.



✅️ The market capitalization of stablecoins has exceeded $300 billion and will surpass a trillion dollars in the coming years.

⛔️ With the changing market structure and increased adoption, not everyone who owns a stablecoin is trading cryptocurrencies or planning to buy Bitcoin.

✅️ Next time you see USDT.D rise, don’t just open the chart and infer bullish patterns for Bitcoin and other coins.

🔥Many indicators have become outdated and are now just decorative tools.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)