.@flow_blockchain reached an all-time high in stablecoin market cap and TVL
Let's dive into what its combined growth means for the ecosystem đ
Traditionally, stablecoins provide liquidity in order to fuel various DeFi protocols whereas a high TVL can indicate users are confident enough in the network to deposit their assets
Flowâs stablecoin ecosystem, including Flow USD, supports liquidity for transactions and cross-platform collaborations
Combined with its rise in TVL, these growth metrics may encourage more stablecoin issuance and usage to meet demand for the digital asset
With the recently passed GENIUS Act, which establishes a US regulatory framework for stablecoins, the integration of RWAs in everyday lives is advancing rapidly
And Flowâs rising stablecoin market cap and TVL reflect growing ecosystem adoption
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