Stablecoin Saga: Cryptocurrency’s Quiet Giants Inch Toward $260 Billion
Over the last seven days, the stablecoin market has climbed 0.84%, ticking up from $253.25 billion to $255.364 billion. Just $4.636 billion more and it’ll be staring down a fresh all-time high at the $260 billion mark. Right now, stablecoins make up about 7.7% of the $3.32 trillion crypto market. Tether’s USDT holds the lion’s share of the stablecoin pie, commanding 62.45% of the total fiat-pegged token market.