🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
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#数字货币领域调整 The total scale of stablecoins has surpassed a historic high of $320 billion. This figure not only represents a numerical breakthrough but also serves as strong evidence of capital returning to the market. As a liquidity reserve pool for the market, the growth in the supply of stablecoins clearly indicates that more and more funds are preparing to enter the market.
Sufficient liquidity is the foundation of a robust market, and the scale of stablecoin reserves signifies a stronger momentum for future market trends. When these standby funds start actively participating in the market, we are likely to witness the arrival of a new bull market.
From a macro perspective, the significant increase in the number of stablecoins has actually laid the groundwork for the next phase of market activity. Market participants should closely monitor this liquidity indicator and its subsequent potential impact on mainstream crypto assets such as BTC, ETH, and SOL.