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The market capitalization of stablecoins has returned to the $150 billion level. The current figure includes both dollar-pegged stablecoins and other "stable coins." There are nearly 100 different stablecoins listed on the CoinGecko platform, but many of them are either illiquid… https://t.co/6bRSuI7Lp4
stablecoins collectively hit $150b today (@artemis__xyz data - $154b according to the block, $143b at https://t.co/Pk1p10hAjK) if they were a sovereign, they'd be the 16th largest holder of USTs, if they were a MMMF, they'd be the 14th largest https://t.co/xxxr5rxqTu
#Stablecoin Market Value Tops $150 Billion - A First in 18 Months https://t.co/fiT9DJTP7X
The stablecoin market has exceeded $150 billion, a milestone not reached in 18 months, with a $980 million increase in just 5 days. Various stablecoins like USDC, USDT, and FDUSD are contributing to this market growth, with FDUSD being the new stable coin from Binance.
