Stablecoin Boom: Market Cap Approaches Record $240B With $5B Weekly Growth
Stablecoins Surge Toward Record Heights with $240B Market Cap
The stablecoin market is on the brink of a new all-time high, with total market capitalization soaring to nearly $240 billion — a major milestone for the sector. Data from DeFiLlama reveals that over $5 billion in fresh stablecoin supply was issued in just the past week, reflecting a 2.18% week-over-week increase and a 2.62% rise over the last month.