According to Matrixport, a prominent digital asset financial services firm, the minting of stablecoins has seen a notable increase. This trend suggests a growing interest and investment in the cryptocurrency market by investors.
The market capitalization of key stablecoins like USDT has increased within the past 30 days, highlighting this trend's significance.
Matrixport presented their indicator that tracks stablecoin minting over a 7-day period as one of the most optimistic signals currently seen within the digital assets sector.