The market capitalization of stablecoins appears to be nearing an all-time high.
On the 29th (local time), Cointelegraph reported via X (formerly Twitter) that "the stablecoin market cap is nearing an all-time high of $240 billion," adding that "over $5 billion was issued last week."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
![[Market] Bitcoin falls below $71,000…Lowest level since October 2024](https://media.bloomingbit.io/PROD/news/0e5880b9-61dd-49d4-9d2e-c47a3fb33a93.webp?w=250)
