The stablecoin economy has soared to an unprecedented zenith this week, buoyed by a $10.28 billion expansion in March, propelling its total valuation to $234.60 billion. Concurrently, Circle’s USDC has eclipsed the $60 billion threshold for the first time. USDC Climbs While Treasury-Backed Tokens Disrupt Stablecoin Hierarchy Per the most recent data from defillama.com, recorded […]
Source: https://news.bitcoin.com/stablecoin-sector-shatters-records-234b-milestone-as-usdc-cracks-60b-for-first-time/