“Stablecoins are the liquidity of the crypto ecosystem. The more liquidity, the more ability for investment and speculation,” Tom Dunleavy, macro analyst said in a note to CoinDesk. “The continued reduction, despite the growing number of applications, says to me we are still not out of the woods for this secular bear market.”
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Stablecoin Market Shrinks for 14th Straight Month, Posing Potential Headwinds for Crypto BTC Prices
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