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Stablecoin market reaches record $322B, surpassing the FX reserves of 95 countries
The stablecoin market has reached a record $322.5B, surpassing the foreign exchange reserves of 95 countries including the UK, Canada, and Mexico.
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news.bitcoin.com
Top 5 Stablecoins Capture Nearly 90% of Sector as Market Contracts This Week
Over the last week, the stablecoin sector posted a contraction of $90.01 million, bringing the market’s total valuation to $323.052 billion.
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coindesk.com
At $322 billion, the stablecoin market value exceeds the FX reserves of 95 nations
The amount of dollars and other fiat currencies held by users outside traditional banking channels now exceeds the official FX reserves of 95 nations.
