Odaily Planet Daily News According to the report released by CCData on November 27, as of November 25, the trading volume of stablecoins has surged by 77.5%, reaching $1.81 trillion. This growth is expected to push the monthly trading volume of centralized exchanges to a new annual high. Continuing a 14-month upward trend, the total market capitalization of stablecoins increased by 9.94% in November, reaching $190 billion, a record high. Despite the growth, the market share of stablecoins fell from 7.22% in October to 5.54% as investors and traders diversified their investments into Bitcoin and altcoins. Tether's USDT continues to perform strongly, with a market capitalization growth of 10.5% to $133 billion, accounting for 69.9% of the entire market, followed by Circle's USDC, whose market capitalization increased by 12.1% in November to $38.9 billion, the highest level since February 2023. (Cointelegraph)

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