CryptoQuant CEO Says Stablecoins Now Being Mostly Used for Purposes Other Than Exchange Trading

{"id":"https://dailyhodl.com/?p=307869","title":"CryptoQuant CEO Says Stablecoins Now Being Mostly Used for Purposes Other Than Exchange Trading","primaryLink":"https://dailyhodl.com/2024/11/03/cryptoquant-ceo-says-stablecoins-now-being-mostly-used-for-purposes-other-than-exchange-trading/","links":["https://dailyhodl.com/2024/11/03/cryptoquant-ceo-says-stablecoins-now-being-mostly-used-for-purposes-other-than-exchange-trading/"],"updatedOn":"0001-01-01 00:00:00Z","publishDate":"2024-11-03 12:45:09Z","summary":"

The chief executive of digital asset insights firm CryptoQuant says stablecoins are witnessing increased adoption via use-case expansion. CryptoQuant’s Ki Young Ju tells his 368,500 followers on the social media platform X that the total market cap of stablecoins is exploding for reasons other than digital asset trading on exchanges. The on-chain analyst’s data shows […]

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The post CryptoQuant CEO Says Stablecoins Now Being Mostly Used for Purposes Other Than Exchange Trading appeared first on The Daily Hodl.

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