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Crypto

Institutional Capital Floods Crypto Market with $6.7 Billion

Guavy AI Editorial Team
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ETH
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Institutional investors are driving growth in the crypto market, injecting $6.7 billion over the past 30 days.

A consortium of European banks has launched a euro-backed stablecoin on Ethereum through Qivalis, marking a significant step towards traditional finance embracing digital assets.

The rise of decentralized stablecoins is also evident, with Tether's crackdown forcing illicit operations to seek refuge in unfreezable coins.

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