Stablecoin Supply Hits New All-Time High at $309B+! ๐
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 cryptoโsidelined capital ready for deployment! Often a bullish precursor to increased trading volume and risk-on moves. ๐
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