Stablecoin reaches a record market capitalization of 190 billion dollars as USDT, USDC rise more than 10%

The market capitalization of stablecoins has reached a record 190.286 billion USD, with Tether (USDT) accounting for 69.86% of the market share, indicating an increase in trust and adoption of stablecoins in the cryptocurrency market. Over the past week, the market capitalization of stablecoins has increased by 4.07%, signaling growing interest and investment in this asset class. Tether (USDT) not only leads the market but also recorded a 4.04% increase over the week, with a market cap reaching 132.924 billion USD.

This increase is not only a result of developments in the stablecoin sector but also reflects a positive trend across the entire cryptocurrency market. The increase in USDT supply is often seen as a signal for a price surge, acting as a bridge between fiat currency and digital assets, allowing investors to accumulate before entering the market. Stablecoins have become an important part of the digital financial ecosystem, especially in emerging markets, where users rely on them for transactions and storing value.