According to BlockBeats, as of August 1, data from Coingecko indicates that the market capitalization of stablecoins has surged to $164 billion, marking a two-year high. The 24-hour trading volume for stablecoins has reached $53.2 billion, reflecting a significant influx of liquidity into the cryptocurrency economy.
Stablecoin Market Cap Reaches Two-Year High of $164 Billion
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