Stablecoin Market Cap Surge Signals Potential Bitcoin and Altcoin Rally: Crypto Rover Analysis | Flash News Detail
The cryptocurrency market is witnessing a significant surge in stablecoin market capitalization, which has sparked considerable interest among traders and investors. As reported by Crypto Rover on Twitter on May 3, 2025, at 10:15 AM UTC, the stablecoin market cap has seen an explosive increase, with data from CoinGecko showing a rise of over 8% in the last 30 days, reaching a total of $165 billion as of May 3, 2025, at 12:00 PM UTC (Source: CoinGecko). Leading stablecoins like Tether (USDT) and USD Coin (USDC) have driven this growth, with USDT’s market cap increasing by 5.2% to $112 billion and USDC growing by 6.8% to $33 billion in the same period (Source: CoinMarketCap, May 3, 2025, at 12:00 PM UTC)….
