Bitcoin

According to a crypto firm data on X, the cryptocurrency market has <a href="https://cryptotale.org/ondo-finance-ondo-partners-with-mantra-chain-enhancing-on-chain-liquidity/" rel="noopener noreferrer nofollow">witnessed</a> a significant surge in liquidity in recent weeks. Despite the increasing capital, it still needs to be allocated, leaving the market ready for potential shifts.A notable<a href="https://cryptoquant.com/insights/quicktake/66d7431e938c6e04865b55c5-Liquidity-is-growing-in-the-crypto-market-but-it-has-not-yet-been-allocated?utm_source&#61;twitter&amp;utm_medium&#61;sns&amp;utm_campaign&#61;quicktake&amp;utm_content&#61;caueconomy" rel="noopener noreferrer nofollow"> increase</a> of over $3.65 billion in stablecoin USDT supply in the last 30 days reflects a broader trend of external capital entering the crypto space. Despite the influx, the expected buying pressure on order books still needs to be improved, indicating that the market&#39;s full potential is yet to come.The increase in USDT capitalization indicates a more significant allocation of traditional market assets into cryptocurrency. To issue a new USDT, collateralization with goods and assets from outside the crypto market is necessary.This process underscores the deepening ties between the traditional financial system and the crypto market, with stablecoins like USDT yielding as the primary proxy for the U.S. dollar within the digital asset ecosystem.Despite the growing liquidity, immediate demand for digital assets is yet to materialize. This delayed response suggests that much of the capital allocated to stablecoins needs to exert more buying pressure.However, this “firepower” remains reserved, ready to be deployed anytime. If and when this capital enters the market, it could lead to substantial price shifts, especially if large amounts enter abruptly.<a href="https://cryptotale.org/over-3-65-billion-in-usdt-enters-the-market-whats-next/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Over $3.65 Billion in USDT Enters the Market—What’s Next?

CryptoTale

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