The total market value of stablecoins has broken through 200 billion US dollars, setting a new historical high

Bitget2024/12/05 03:03

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Market data shows that the total market value of stablecoins has exceeded 200 billion US dollars, currently reported at 200,129,553,664 US dollars, setting a new historical high. Among them, the market value of Tether's US dollar stablecoin (USDT) is approximately 135.77 billion US dollars. According to an analysis by IntoTheBlock on platform X, since the beginning of November Tether has issued more than 13 billion USDTs in total which is the fastest issuance rate since 2021.

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