Stablecoin Flows Power Bitcoin Price Surge, Says MEXC COO

Tracy Jin, COO of crypto exchange MEXC, predicts that stablecoin inflows could boost Bitcoin prices by 8-10%. According to Jin, the increasing reliance on stablecoins for liquidity is driving price growth in Bitcoin. Stablecoin inflows are now the primary driver behind Bitcoin’s price surge this year, with every additional billion in stablecoins resulting in an 8-10% increase in value.