Stablecoin Market Reaches $204 Billion, Indicating Possibility of Upcoming Cryptocurrency Rally According to CryptoQuant Analysis
The stablecoin Market has reached a record high of $204 billion, marking a notable increase since the U.S. Presidential election on November 5, 2024. This growth is largely due to Tether’s USDT and the rising popularity of Circle’s USDC. Stablecoin transfer volume has also surged, exceeding the combined transaction volume of Visa and Mastercard, primarily ...
