Stablecoin cross-border flows jump 78% despite crypto bear market
- —Cross-border stablecoin flows increased 78%
- —Crypto market capitalization fell 37% over the same period
- —Chainalysis attributes growth to trade, remittances and savings
Why it matters: Stablecoins are cementing their role as payment rails even in a down market, underpinning demand for USDT and USDC.
Source: Cointelegraph