6 Charts showing the Stable Coins rise & China’s dominance of Global demand

Some of the most recent reports on Cryptocurrency trading volume have concluded that most of the demand is coming from the U.S. & select global exchanges. However, this hasn’t lessened the concern of the U.S regulators about the Bitcoin price manipulation. Previewing the data about the funds being moved on-chain for the biggest stable coin, Tether, presents a totally difficult picture for China – a country mired in controversy over its complete ban of Cryptos. More on this later, but first a look at the continued rise of stable coin projects over the past year & a half. Today’s data…...