CryptoQuant CEO: Stablecoins are beginning to flow into the market, and their market capitalization has recently reached a new high

CryptoQuant CEO Ki Young Ju said in a post on X that stablecoins are starting to flow into the market. Its market capitalization has been rising since the beginning of July and reached an all-time high last week. USDT accounts for 70% of the total market capitalization of stablecoins.