The Number of Stablecoin Owners Approached 100 Million

Data reveals that there was a 15% increase in the number of addresses holding stablecoins this year, reaching a record high of over 93.6 million.

Stablecoins, which are cryptocurrencies pegged to an external reference such as the US dollar, come in various forms, including fiat-backed, crypto-backed or algorithmic stablecoins.

Currently, there are 35 stablecoins with a total market cap of $157 billion.

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