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2026-04-23 10:06:17

85% of spot volume now runs through stablecoin pairs

not $BTC
not fiat
earlier cycles (2016-2020) ran on Btc pairs most alts were priced against $BTC
now everything routes through stables
asset -> stablecoin -> asset
Liquidity sits in stables
that’s where the flow is now

BTC-0,99%

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