**Stablecoins Are Rampant, Crypto Is Getting More Stable! đ**
- Good news for crypto lovers! Stablecoins like Tether USD (USDT) and USD Coin (USDC) now control around 50% of the transaction volume in the crypto market, according to analysis from IntoTheBlock.
- Since the beginning of the year, stablecoins have continued to set records. In August, their market capitalization reached almost $170 billion, and now it is over $172 billion!
- Stablecoins are not only for trading, but are also starting to be used for remittance payments and cross-border transactions.
- USDT dominates with a market capitalization of almost $119 billion, while USDC grew 41% to $34.75 billion.
- Circle CEO Jeremy Allaire predicts that stablecoins could control 10% of the global economy in the next decade.
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