USDT·USDC Distribution volume reaches an all-time high...Cryptocurrency rally continuation signal

The circulation volumes of the stablecoins USDT (Tether) and USDC (Circle) have reached a record high this week, sending positive signals for the continuation of the cryptocurrency market rally. According to CoinDesk on July 12 (local time), USDC's market capitalization has increased by 1.3 billion dollars and USDT by 1.4 billion dollars this month.

The increase in the circulation volume of the two stablecoins indirectly reflects the new capital influx into the market, indicating that investors' idle funds are actively moving. This is interpreted as an important trend supporting additional upward potential for major cryptocurrencies including Bitcoin and Ethereum.

Especially with the recent large-scale inflow of funds into BTC and ETH spot ETFs, the expansion of stablecoin circulation is being noted as a representative example showing the expansion of liquidity within the market and the strengthening of risk appetite. Industry analysis suggests a high possibility of a favorable capital flow continuing throughout the cryptocurrency market for the time being.