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Stablecoin market boom to $300B is ‘rocket fuel’ for crypto rally

The $300 billion record stablecoin supply may act as “rocket fuel” for the crypto market, while signaling a growing integration with global finance, industry watchers told Cointelegraph.

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Stablecoin market boom to $300B is ‘rocket fuel’ for crypto rally

The $300 billion record stablecoin supply may act as “rocket fuel” for the crypto market, while signaling a growing integration with global finance, industry watchers told Cointelegraph.

Why this matters

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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