Data: The cryptocurrency market has achieved net capital inflow for the first time in nearly 17 months
ChainCatcher news, according to Coindesk, based on data from blockchain analytics firm Glassnode, the crypto market has seen a net inflow of funds through stablecoins or dollar-pegged tokens for the first time in over a year.
In the past 90 days, the net supply of the four major stablecoins USDT, USDC, BUSD, and DAI has turned positive, indicating a flow of funds into the market. This is the first occurrence of this since the collapse of Terra in mid-May 2022.
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