Stablecoins like USDT, USDC, DAI, BUSD, USDP, and TUSD, which are tied to fiat currencies at a 1:1 ratio, are often favored by investors as secure options during times of market instability. Between mid-October and mid-April, the combined market capitalization of these stablecoins grew by 25%, indicating a rise in trading activity and a preference among investors to keep their funds within the cryptocurrency market instead of converting them to cash. This period of expansion reflected a positive outlook and a strong belief in the market. For the most up-to-date technology news, visit NEWSLINKER.
