<ul><li>Active Addresses for stablecoins, particularly USDT and USDC, have observed a sharp increase.</li><li>Transaction Volume for stablecoins has also registered an uptick, reaching $72 billion.</li><li>The total market cap of stablecoins has set a new record, indicating fresh capital inflows.</li><li>The spike in stablecoin activity may imply investors using stables as dry powder waiting to buy the market dip or as an exit strategy from volatile cryptocurrencies.</li></ul>

Stablecoin Activity Shoots Up: Investors Looking To Buy Bitcoin?

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