Summary
- The market cap of Stablecoin has surpassed 190 billion dollars, as reported by the accounting firm.
- This is a record increase since April 2022, with Bitcoin's rapid rise being one of the contributing factors.
- The total market cap of the virtual asset market has soared to 3 trillion 400 billion dollars.

The market cap of Stablecoin has surpassed 190 billion dollars (approximately 265 trillion 620 billion won). On the 28th (local time), the virtual asset accounting firm X stated, "This week's Stablecoin market cap surpassed 190 billion dollars," and "It is a record alert for April 2022." Furthermore, it was mentioned that "Stablecoin demand is rapidly increasing" and "Bitcoin is recording an all-time high, influencing the virtual asset market cap to soar to 3 trillion 400 billion dollars."

Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit



