Stablecoins offered $ 250 billion on Investing Optimism: Binance Report star-news.press/wp

In June, the encryption markets rose modestly, but Stablecoins was the big winners, according to a report issued by Binance Research.

The markets remained optimistic but volatile throughout the month, while Stablecoins has become a pivotal point. On Thursday, July 3, Binance Research was published a report The main trends of last month are determined. It is worth noting that the size of Stablecoin reached 253.7 billion dollars, as it issued legislation to the US Senate’s destruction.

The approval of the Senate Genius Law was a major incentive that led to the adoption of Stablecoin. It brings ACT Stablecoins to an organized frame, pushing more companies to enter the space. Circle’s USDC led the charge, representing 79 % of the net stablecoin in June.

Meanwhile, Stablecoin was an incentive for growth in other regions. The total maximum Crypto market increased by 2.62 % in June, despite the fluctuations caused by the Israeli conflict Iran. Interestingly, BTC surpassed Altcoins, with its hegemony rising to 65 %, the highest level since early 2021.

Corresponding companies have seen great gains, especially those that embrace Bitcoin. Many companies have seen quad -revenue from two numbers since Bitcoin adopted, which helped attract new investors. It is worth noting that the Japanese company Metaplanet exceeded the strategy as the best performance in Bitcoin in the stock market.

EFT flows were strong, despite volatility

ETF flows were strong despite the market turmoil, according to the Binance Research Report. The net net flows of Bitcoin and ETHEREUM (ETH) amounted to $ 4.5 billion and $ 1.16 billion, respectively.

However, traders have suffered a large qualifier, highlighting the growing gap between short -term speculators and long -term investors. On June 22, the market witnessed the largest three -day liquidation event since February, which mainly led to an escalation of the conflict between Israel and Iran.

The war, which entered the United States directly, threatened to raise oil prices to record highlands, increase new concerns about inflation and add pressure to risk assets, including encryption.