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Stablecoin Ratio Hits Two-Year Low, Tether and Circle Mint $7B
Yahoo Financeยท 2025-10-22 09:34
Tether and Circle collectively minted $7 billion worth of tokens as Bitcoin climbed above $108,000, according to the data provided by on-chain analytics firm Lookonchain. Meanwhile, the stablecoin-to-Bitcoin ratio on Binance has dropped to its lowest point in two years, showcasing investor readiness for market accumulation. Binance Stablecoin Ratio Signals Latent Buying Power According to CryptoQuant, the ratio of stablecoins to USD exchanges on Binance has fallen to 0.8149, the lowest level since 2023. ...