According to BlockBeats, the total market value of stablecoins has seen a significant increase over the past month. As per the data provided by DeFiLllama, the market value has grown by 6.45%, currently standing at $157.96 billion. This is a substantial increase from the $148.39 billion recorded a month ago on March 25th. This growth indicates a rising interest and trust in stablecoins, which are digital currencies pegged to a stable asset, such as gold or a fiat currency like the US dollar. The increase in market value suggests that more investors are turning to stablecoins as a safe haven amidst the volatile crypto market.
Stablecoin Market Value Sees 6.45% Growth in a Month
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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