List of Flash News about 2024 trading trends
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2025-05-02 13:53 |
Stablecoins Lead Crypto Payments Surge, Boosting USD Dominance in 2024: Trading Insights
According to Mihir (@RhythmicAnalyst) on Twitter, stablecoins are emerging as the primary choice for cryptocurrency-based payments, directly contributing to an increased global use of the US dollar in digital transactions (source: Mihir on Twitter, May 2, 2025). For traders, this trend signals rising liquidity in stablecoin markets such as USDT and USDC, potentially reducing volatility and tightening spreads on major exchanges. The growing acceptance of stablecoins in cross-border payments and DeFi platforms further supports stablecoin trading volumes, making them a strategic asset for liquidity management and arbitrage opportunities (source: Mihir on Twitter, May 2, 2025). |