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News Explorer — Stablecoin Market Cap Hits Record High of Nearly $190 Billion

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Nov 28, 11:34 am
www.bloomberg.com

Stablecoin Market Cap Hits Record High of Nearly $190 Billion

The stablecoin market cap has surged 46% this year, reaching a record high of nearly $190 billion. This increase signifies stablecoins' growing importance in global trade, reclaiming value lost after the collapse of TerraUSD in 2022.

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