Matrixport: Stablecoin Inflows Continuously Supporting Bitcoin Demand Growth

BlockBeats News, March 18th, Matrixport released a chart today stating that although the rapid growth trend of stablecoins in the fourth quarter of 2024 has somewhat slowed down, the overall growth momentum is still continuing, indicating that funds continue to flow into the crypto market.

It is worth noting that despite the impact of the European MiCA regulatory framework on USDT, the market has not experienced a large-scale outflow of funds. With the steady increase in stablecoin inflows, Bitcoin demand may also increase, further driving up the price.