CryptoQuant: The rise in stablecoin Liquidity has slowed down, and the market may be more inclined to enter a consolidation phase.

PANews, August 28 news, according to CryptoQuant monitoring, the liquidity of stablecoins has slowed down, with the market capitalization weekly expansion decreasing to about $1.1 billion, significantly lower than the $4 to $8 billion weekly increase during the Bitcoin rise at the end of 2024. In addition, the 60-day rise of USDT is approximately $10 billion, down from a peak of over $21 billion previously. Despite the slowdown in issuance, the total reserves of stablecoins on exchanges reached a historical high of $68 billion on August 22, with USDT accounting for $53 billion and USDC for $13 billion. The market capitalization of stablecoins continues to grow positively, but the slowing growth rate indicates a weakening of market liquidity support, which may be more inclined to enter a consolidation phase rather than a sustained parabolic rise.