[Analysis: Stablecoin Market Cap Shrinks by $14 Billion Since May, Liquidity Recovery Still Insufficient] BlockBeats News, October 3, CryptoQuant analyst Darkfost published an article stating that the total market cap of stablecoins remains difficult to recover effectively, primarily due to insufficient liquidity entering the crypto market. Since May, the total market cap of stablecoins has decreased by $14 billion, reflecting a significant outflow of funds from the market. However, since September, the market has shown some improvement, with the total stablecoin market cap increasing by approximately $4 billion, currently rebounding to around $270 billion. Darkfost also noted that although there are signs of a reversal in the stablecoin market cap trend, the current recovery remains relatively limited. To drive BTC to new highs, the market still requires more liquidity injection. [Original Link]