TechFlow reports that on September 23, Matrixport released a new chart showing that as Bitcoin's price rebounds, the minting rate of stablecoins has also accelerated, indicating steady inflows of fiat money into the cryptocurrency market. Although the 7-day minting ratio remains volatile, current capital inflows have significantly increased compared to early summer this year. This trend is a positive signal for the crypto market, suggesting that as long as the stablecoin on-ramp remains open, Bitcoin’s price could continue to rise.
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