The post Why Are Stablecoin Transactions Facing A Decline? appeared first on Coinpedia Fintech News
In a recent tweet, leading on-chain data analytics provider CryptoQuant.com reported a decline in the “Total Number of Unique Active Addresses” in stablecoin transactions, which is believed to be connected to decreases in altcoin market capitalization and ongoing SEC lawsuits.This analysis suggests that market participants’ behavior and demand for safer assets have been influenced by the prevailing fear due to the SEC litigation.
Source: https://coinpedia.org/crypto-live-news/why-are-stablecoin-transactions-facing-a-decline/