Stablecoin supply has been growing in U.S. dollar terms, but the expansion doesn’t mean it’s taking over crypto market share; rather, it is mainly an indication of the increase in total digital asset market cap, JPMorgan (JPM) said in a research report on Wednesday.
Related posts
-
Stablecoin Regulations Could Pose Problems for Tether, JPMorgan Says
Stablecoin issuer Tether has attracted regulatory scrutiny in the past due to its lack of transparency... -
Crypto Analyst Reveals What Could Drive The Bitcoin Price To $48,000
The Bitcoin price continues to trade sideways, as uncertainties on the macro side have made investors... -
Crypto Emerges as Reliable Liquidity Source
Contrary to popular belief, the inherent volatility of crypto markets is not a bug but a...