Market Cap: $2,905,692,986,217
24h Vol: $64,980,493,784
Cryptocurrencies: 26009
Markets: 101336
Cryptocurrencies: 26009
Markets: 101336
Market Cap: $2,905,692,986,217     
24h Vol: $64,980,493,784
Bitcoinist 2023-02-15 14:40:45

Why A Drop In Stablecoin Market Cap Is A Bad Sign For Crypto, According To Morgan Stanley

Why A Drop In Stablecoin Market Cap Is A Bad Sign For Crypto, According To Morgan Stanley
According to researchers at the U.S. investment firm Morgan Stanley, stablecoin instruments may be able to compete with conventional banking systems, and its dropping market capitalization signals a decrease in cryptocurrency liquidity and leverage. The bank has issued a warning to cryptocurrency investors, stating that decreased issuance of these asset types will likely have a
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