Stablecoin Market Capitalisation Surpasses $250 Billion
The total market capitalisation of stablecoins has exceeded $250 billion for the first time. Of this amount, $245.5 billion is attributed to “stable coins” backed by the US dollar. Data: CoinGecko. Leading the pack is Tether’s USDT with a capitalisation exceeding $153 billion, followed by Circle’s USDC at $60.9 billion. Hank Huang, CEO of Kronos […]