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Matrixport highlights strong bullish signal from stablecoin minting indicator

Matrixport has released a chart indicating that the strongest bullish signal currently comes from the seven-day stablecoin minting indicator.

This metric measures the scale of fiat currency inflows into stablecoins over a rolling seven-day period. Compared to previous cycles, this indicator has nearly doubled, reflecting an unusually high demand for cryptocurrencies and a significant influx of new capital into the market.

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