According to The Block, the total market capitalization of stablecoins has reached an all-time high, surpassing $200 billion, up 13% from the previous month.
Coinbase analysts said that the growth in stablecoin market cap could be driven by investors seeking on-chain lending rates, which exceed those of traditional finance.
Total market capitalization of stablecoins breaks through $200 billion, a record high
2024-12-09 12:26:04
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