How $130B in Ethereum stablecoins could unleash the next altcoin frenzy | NYGazet

When stablecoins inflows surge, it indicates profit-taking activities or preparation to inject liquidity into non-stable crypto assets.

Key Takeaways The amount of stablecoin supply has been growing recently. The surge comes from multiple blockchains, particularly Ethereum. Is this the missing puzzle for an altcoin season? The passing of two bills by the U.S. Congress to streamline r... [2641 chars]