📈 November sees explosive stablecoin trading thanks to trust from major institutions!

- Stablecoin trading volume skyrocketed by 77.5%, reaching $1.81 trillion. 📊

- Stablecoin market capitalization increased by 9.94%, hitting $190 billion, surpassing the previous record from April 2022.

- Tether (USDT) leads with a market cap of $133 billion, accounting for 69.9% of the market.

- USDC also surged, reaching $38.9 billion - the highest since February 2023.

- Ethena Labs' USDe increased by 42.2% due to interest in the Ethena ecosystem.

- Conversely, FDUSD and USDS experienced the largest declines among the top 10 stablecoins.

💬 What do you think about this trend? Share your thoughts! #Crypto #Blockchain #BTC