Stablecoin Market Cap Hits New All-Time High, Beating Early 2022 Record !!

According to data from DefiLlama, the total stablecoin market capitalisation (excluding algorithmic stablecoins) hit a new all-time high of $168 billion over the weekend.

The new all-time high beats its last peak of $167 billion in March 2022 and comes after 11 months of consecutive growth.

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