The post Stablecoin Market Cap Hits New ATH Of $168B After 11 Months Of Consecutive Growth appeared first on Coinpedia Fintech News
Stablecoin market cap has hit a new all-time high at $168 billion after 11 months of consecutive growth, beating its last peak in March 2022. The data excludes algorithmic stablecoins, whose value is maintained through algorithmic mechanisms. Crypto analyst Patrick Scott in an X Post shared that he thinks this is a sign that ‘New …