🌟 The total supply of stablecoins reaches a record $176.2 billion!
- After a decline in 2022, the supply of stablecoins has been steadily growing.
- Tether (USDT) increased its market cap by over 7%, adding $8 billion, while USDC grew nearly 6%.
- This growth reflects higher demand for liquidity and trading activity.
- The net flow of USDT to exchanges reached a record $1.8 billion, indicating an increase in purchasing power.
What do you think about this surge in stablecoins? 💬 Comment below!