The total market capitalization of stablecoins has increased by 70% this year, with global payment applications and institutional demand being the main driving factors.
ChainCatcher News, according to Cointelegraph, the stablecoin market capitalization has surpassed the $310 billion mark, reaching a key milestone. This represents a 70% growth in just one year. This growth is not merely another indicator of a cryptocurrency bubble; it signifies a fundamental shift in the way digital assets are used globally.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The S&P 500 Index Approaches All-Time High as Funds Rotate into Lower-Valued Sectors
The market is focused on the Fed's policy and sector rotation, with US stocks surging to new all-time highs
U.S. stocks approach record highs, focusing on Federal Reserve policy and sector rotation
Trending news
MoreCrypto prices
More
