The stablecoin market has surpassed $310 billion, with a $1 billion-plus increase in under 72 hours. Tether is officially bringing USDT back to the Bitcoin network via its partnership with Utexo, while Circle is launching cirBTC, a 1:1 wrapped BTC token for institutions. In Q3, USDC recorded the largest growth at $881 million, followed by RLUSD at $765.3 million. This expansion of stablecoin liquidity could create increased demand for Bitcoin and catalyze market momentum in Q4.
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