Stablecoin Supply Hits New All-Time High at $309B+! ๐Ÿš€

The total stablecoin market cap has surged to a record $309.1B, up $1.51B in just the past week (per DefiLlama data).

This steady growth signals fresh liquidity pouring into cryptoโ€”sidelined capital ready for deployment! Often a bullish precursor to increased trading volume and risk-on moves. ๐Ÿ“ˆ

USDT still leads with ~60% dominance, cementing its role as the go-to liquidity king.

Renewed confidence in the market? What do you think this means for the next leg up?

#Stablecoins #Crypto #Bullish #USDT #DefiLlama