Market Cap: $2,204,028,404,750
24h Vol: $46,515,358,179
Cryptocurrencies: 29430
Markets: 111481
Cryptocurrencies: 29430
Markets: 111481
Market Cap: $2,204,028,404,750     
24h Vol: $46,515,358,179
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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