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Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation

Over the past seven days, the stablecoin sector has expanded by $2.81 billion, bringing the dollar-pegged cryptocurrency market close to a total valuation of $160 billion. A significant portion of this growth, exceeding...

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Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation
Over the past seven days, the stablecoin sector has expanded by $2.81 billion, bringing the dollar-pegged cryptocurrency market close to a total valuation of $160 billion. A significant portion of this growth, exceeding $2 billion, is attributed to the increase in USDT’s market capitalization, which reached $109.38 billion by Friday at 1:00 p.m. Eastern Time. […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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