The stablecoin market has been on a robust recovery path since October 2023, demonstrating resilience and steady growth. Recently, the stablecoin market cap has surged to $160 billion, edging closer to its previous all-time high of $188 billion with each passing day. The stablecoin market has been in a strong recovery since October of 2023. Here’s why it matters👇 The stablecoin market cap recently reached $160 billion, inching closer to the all-time high of $188 billion every day. âž–Stablecoins play a crucial role in DeFi, serving as the… pic.twitter.com/xrMB0qWWqO — IntoTheBlock (@intotheblock) April 23, 2024 Stablecoins are essential components of
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