Matrixport: Stablecoin market cap continues to grow, demonstrating crypto market resilience and application potential

According to Matrixport, stablecoin funds continue to flow into the market, although the growth rate has slowed down, it is still showing a steady upward trend. According to the latest data, the market value of Tether (USDT) has approached 14.60 billion dollars, while the market value of Circle (USDC) has remained around 6 billion dollars. This phenomenon shows that the crypto ecosystem is continuing to develop, and in the context of global stock and bond markets facing uncertainty, crypto assets are gradually evolving into a more non-correlated asset class.
Analyst Markus Thielen pointed out that with the continuous heating up of international tariffs and trade wars, the potential application scenarios of cryptocurrencies have become more attractive, which also brings some optimism to the market outlook. Although the current growth trend is not enough to trigger a large-scale counterfeit products market, it clearly shows that the development of the industry is far from stagnant.