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A Rapid Increase in Stablecoin Inflows to Virtual Currency Exchanges Will This Lead to Further Bitcoin Growth?

A Rapid Increase in Stablecoin Inflows to Virtual Currency Exchanges Will This Lead to Further Bitcoin Growth?

Following Donald Trump’s victory in the US presidential election and the Federal Reserve’s interest rate cut of 25 basis points (0.25%) on November 7, stablecoins are gaining ground on virtual currency exchanges.

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