Odaily Planet Daily News📈: In November, the trading volume of stablecoins surged by 77.5%, reaching an astonishing $1.81 trillion! This wave of growth is expected to set a new annual high for the monthly trading volume of centralized exchanges, truly exciting news!🌊
Meanwhile, the total market capitalization of stablecoins also increased by 9.94% in November, reaching a historic high of $190 billion. However, despite the strong performance of stablecoins, their market share dropped from 7.22% in October to 5.54%, as investors' interest in Bitcoin and altcoins continues to grow.🔍
In the stablecoin market, Tether's USDT continues to lead, with a market cap growth of 10.5% to $133 billion, accounting for 69.9% of the market. Following closely is Circle's USDC, with a market cap increase of 12.1% in November to $38.9 billion, reaching its highest level since February 2023.💪
The performance of Bitcoin remains promising, and investors can continue to pay attention to its future potential!🚀