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Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto

Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.

The top two stablecoins, USDT and USDC, serve as the main liquidity for crypto markets. (engin akyurt/Unsplash)
The top two stablecoins, USDT and USDC, serve as the main liquidity for crypto markets. (engin akyurt/Unsplash)