📰🗞️📄Stablecoin Market Hits $250 Billion Milestone
- The total stablecoin market capitalization has surpassed $250 billion, with Tether (USDT) leading at $153B and Circle’s USDC at $60.9B. Growth is attributed to DeFi expansion and regulatory clarity.
- The U.S. Senate passed the GENIUS Act, a stablecoin regulation bill requiring 1:1 asset backing and monthly reserve disclosures. It now heads to the House.
