Sam I remember u saying that a bear market is

Question

Sam I remember u saying that a bear market is

just a bull market for stablecoins. Do u think the supply of FRAX will rise as much as it did right now in a bear market? Since in a long bear market the interest in crypto is a lot lower. In comparison when I check the supply of USDT on a log scale the supply seems to increase the most in a bull market.

#cryptocurrency #english #frax

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03.10.2021

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Zeean Автор вопроса

Dantes Stan (¤³ ¤³) DON'T PM FOR ETH/$$
Yes, bear market is bull for stablecoin. It's a si...

I can follow that logic. However, the marketcap on a log scale shows that BUSD, USDC and USDT are showing more growth in the bull market? Couldn’t it be possible that in a future bear market the overall interest is way lower and therefore the amount of money in the market will go down, resulting in a shrink in the marketcap of stablecoins? I mean people could also hedge their crypto against EUR and USD in their kraken account for example.

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03.10.2021

Dantes Stan (¤³ ¤³) DON'T PM FOR ETH/$$ · Accepted Answer

Dantes Stan (¤³ ¤³) DON'T PM FOR ETH/$$

Yes, bear market is bull for stablecoin. It's a simple logic because everyone will want to hedge their funds in stablecoins, thereby increasing the supply of stablecoins.

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03.10.2021

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Sam I remember u saying that a bear market is

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