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Liquidity Building In Anticipation Of Bullish Reversal: Stablecoin Market Cap Hits $220 Billion

  • Despite the downturn in the crypto market, there is a significant growth in the stablecoin market cap.
  • The total stablecoin market has surpassed $220 billion and continues to grow.
  • Ripple's recently launched stablecoin, RLUSD, is gaining traction and attracting inflows.
  • The growth of the stablecoin market cap is seen as a buildup of liquidity, ready to re-enter the market when sentiment becomes bullish.

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