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Avalanche Increases Its Stablecoin Supply, but AVAX Demand Remains Stagnant - The Cryptocurrency Post

Summary by thecryptocurrencypost.net
TL;DR The supply of stablecoins on Avalanche grew by more than 70% in a year, but AVAX lost nearly 60% of its value during the same period. A large portion of stablecoin capital, mainly bridged USDT, remains inactive, limiting demand for AVAX. Macroeconomic uncertainty and U.S. trade negotiations have affected the crypto market’s bullish momentum. The supply of stablecoins on Avalanche has increased by more than 70% over the past year, reaching…
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thecryptocurrencypost.net broke the news in on Wednesday, April 2, 2025.
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