Middle East Capital Flight May Be Driving USDC Demand

[johnblockbuster]

A Dubai-based analyst says rising demand for USD Coin could be tied to capital leaving traditional markets in the UAE.

Falling real estate prices in Dubai and broader market instability have reportedly pushed investors to move funds into stablecoins, with some OTC desks struggling to meet demand.

The trend highlights how stablecoins are increasingly used as safe-haven liquidity during financial stress.

[tradelikepro]

me: still renting
Dubai investors: ‘lemme park $10M in digital dollars real quick