Huge Development Always Happening in the Quiet Bear Marketing then Shine in the Bullish Market – AMB Crypto Accepted in Security Token Offering in Shipping And Trade
I have analyzed (USDC, GUSD, PAX, TUSD) stable-coins for the last month period (6.11 – 6.12)
Over $174 000 000 had entered market via them, this calculation is done by subtracting pas supply to newer one.
**How can be printage of coins BULLISH?**
USDC, GUSD, TUSD and PAX have all audit-able records in which they’re providing balance of their acc. So usually if institution wants to enter Crypto market in the way of crypto, stable coin issuers create tokens for them. It’s elegant way for institutions to buy crypto assets, without big reliance on BTC. Most issuers make their profits that way.
That said it can lower the overall market-cap because of lower number of market-transactions the institutions have to make, instead of buying BTC (increasing value of BTC, but even USD value of asset, because of BTC-pair ) then buying asset (increasing value of asset once again), they just buy (US-some-stablecoin) and then asset. But that’s are imho just growing pains of separation from BTC pairs.
I have deliberately skipped other stable-coins, because I haven’t found their audit reports or their marketcap was low. I have, also skipped DAI because, increase in supply is not new money into the system.
My video analysis with other data like trends and onchain data (Deposits, DAA, etc)
|6. November – 6. December|Added supply|