Ethereum Sees $16.4B Stablecoin Inflow — Monitor Deployment
I note that the on-chain supply of stablecoins on Ethereum increased by $16.4 billion over the past month.
I see this as a clear liquidity injection into the Ethereum ecosystem that can fuel DeFi activity, lending and trading — potentially supporting ETH and altcoin flows if those funds get deployed.
I will watch where the new stablecoins settle (DEX liquidity, lending protocols, or exchange balances) to judge whether this is a bullish liquidity tailwind or a prelude to selling pressure.
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