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Ledger Nano X - The secure hardware wallet
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Stablecoin Market Cap Jumps to $164B After Months of Stagnation as Capital Flows Into Crypto

25 July 2024
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Stablecoin Market Cap Jumps to 4B After Months of Stagnation as Capital Flows Into Crypto
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The expansion “indicates growing investor optimism, underpinning a bullish outlook,” Wintermute said in a note shared with CoinDesk. “The increase in stablecoin supply indicates that money is being deposited into on-chain ecosystems to generate economic activity, either through direct on-chain purchases that can catalyze price appreciation or yield-generation strategies that could improve [market] liquidity. This activity ultimately fosters positive on-chain growth.”

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