The crypto market has yet to react even as stablecoin supply reaches a new milestone.
Summary
- Stablecoin market cap surpassed $315 billion, reaching a new all-time high.
- Crypto market remains range-bound as stablecoin flows to exchanges stay weak.
- Analysts say growing stablecoin liquidity could fuel a future rally if inflows return.
Data from DeFiLlama shows the total market capitalization of stablecoins has surpassed $315 billion, setting a new all-time high. The figure increased by about $2.48 billion, or 0.79%, over the past seven days, highlighting steady growth in on-chain liquidity.
Among the largest issuers, Tether (USDT) leads with a market cap of…
