April Solana Stablecoin Update powered by @artemis__xyz 1. We are sitting at $3,508,952,000 issuance with USDC, USDT, and EURC. An additional 500M USDC minted @circle went to Binance. Long tail still insignificant. https://t.co/LAqlVVnC1k
Stablecoin supply hits highest level in nearly two years amid USDe growth https://t.co/cDrhGNUt9f
#Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash https://t.co/5yQrfDYUeJ

The stablecoin market has shown significant growth, with the total market cap reaching $160 billion, the highest level since the Terra crash. Notably, the supply of DAI has increased year-over-year, while USDT's supply rose from 85 billion to 110 billion, and USDC's from 31 billion to 34 billion. Coinbase's App Store ranking for its trading app is now at #253, and USDT.D is losing momentum. Additionally, $LINK has shown strong market momentum, and there has been notable growth in USDe. A new metric, Stable Coins by network, will track dominance by platforms like Solana and Ethereum, with strategic choices evident in their preferred stablecoins.
