The stablecoin supply saw a significant increase of $2.19 billion last week, reflecting renewed activity in the crypto market.
This growth was highlighted by @lookonchain in their weekly report, which also noted a rebound in decentralized exchange trading volumes.
Dex spot volume increased by 91.62% and perpetual trading volume jumped by 104.06% week-over-week, suggesting traders are re-engaging with the market.
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