Analysts: the current situation of stablecoins is a sign of the resumption of the upward market rally!

However, analysts at JP Morgan recely expressed concern about USDT's dominance, citing significa risks for the crypto industry. Instead, they support the USDC because its issuing company, Circle, is complia with the regulations.

In addition to the increase in the market value of stablecoins, industry experts believe that the price of digital currencies will also increase due to the upcoming bitcoin halving eve and the official approval of spot bitcoin ETFs.