Stablecoins went wild in the days before Bitcoin’s recent surge

by Aurelia Butler 23 October 2020, 21:40 139 Views

On October 18, stablecoins moving to exchanges reached record highs of 60,000 and 56,000 respectively, according to data from CryptoQuant. The outlet’s data tracked USDT on Ethereum, PAX, USDC, TUSD, DAI, SAI, BUSD, HUSD and USDK. When it comes to the total inflow of all stablecoins in terms of the dollar value, no extraordinary trends were detected.

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Stablecoins went wild in the days before Bitcoin’s recent surge

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