Stablecoin market cap down $14B since May as liquidity recovery lags

A CryptoQuant analysis by contributor Darkfost found liquidity flowing into the crypto market remains insufficient, keeping the recovery in stablecoin market capitalization slow. Stablecoin market cap has fallen by $14 billion since May, though it has risen by about $4 billion since September to recover to around $270 billion. Darkfost said the recent trend appears to be reversing, but the recovery remains modest, adding that additional liquidity inflows are needed for Bitcoin to move toward a fresh all-time high.