- Stablecoins' market share in crypto trade volume has reached its highest level since 2020.
- 84% of crypto trade volume is currently denominated in stablecoins.
- Fiat currency accounts for only 16% of crypto trade volume.
- This milestone highlights the growing importance of stablecoins in the cryptocurrency market.
- Stablecoins provide a stable store of value and reduce the volatility associated with other cryptocurrencies.
