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.
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