
In April and May 2026, stablecoin deposits on Nexo averaged over $4 million monthly, driven by investors seeking yield and market exposure as Bitcoin traded below $75,000. The total stablecoin market capitalization surpassed $321 billion, reflecting growing liquidity and regulatory support like the U.S. Senate's GENIUS Act. CryptoQuant highlighted two investor behaviors: cautious yield-seeking and readiness to deploy capital for Bitcoin opportunities. This trend underscores stablecoins' expanding role in crypto trading and liquidity management amid market uncertainty.