@megafund
One of the most underrated charts right now:
Stablecoins continue to experience considerable growth and adoption despite significant headwinds in the broader market.
Overall, the total crypto marketcap has declined by 16% ($440B) YTD. Nevertheless, total stablecoins in circulation grew by 8% ($14B), steadily increasing virtually every week since September 2023, and now stand at new record levels ($202B+).
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