[Stablecoin Issuance Expands, Highlighting Resilience and Maturation Trends in the Crypto Market]
Matrixport analysis indicates that despite recent market volatility, the continued inflow of funds into stablecoins demonstrates the resilience of the crypto market. Since the beginning of the year, Tether and Circle have respectively issued approximately $42 billion and $32 billion, totaling around $74 billion, injecting significant momentum into the digital asset ecosystem. Although this is still far from the trillion-dollar scale predicted by U.S. Treasury Secretary Bessent for the future, the current growth already reflects the accelerating maturity of the crypto market. Meanwhile, the trend of de-dollarization is driving increased demand for stablecoins, which are increasingly recognized as gateways to high-yield assets and tools for hedging against fiat currency depreciation risks. Overall, liquidity continues to flow into the crypto market, showing a more mature and diversified trajectory.