🚀 Crypto Update: Stablecoins Surge to New Heights!
- The stablecoin market has hit a record $190 billion, surpassing its previous peak from April 2022, according to CCData.
- Tether's USDT leads the charge with a market cap of $132 billion, while Circle's USDC follows with $39 billion.
- Ethena's USDe saw a 42% increase, offering a 25% annual yield to investors.
- Trading volumes for stablecoin pairs on exchanges soared 77% to $1.8 trillion.
What do you think about the stablecoin boom? Share your thoughts in the comments! 💬