Stablecoin supply surges to $304B all-time high despite crypto market crash
PositiveCryptocurrency

Despite the recent turmoil in the cryptocurrency market, stablecoin supply has reached an all-time high of $304 billion. This surge is significant as it indicates a growing confidence in stablecoins as a safe haven during market volatility. Investors are increasingly turning to these digital assets, which are pegged to stable currencies, to protect their investments amidst the ongoing sell-off. This trend highlights the resilience of stablecoins and their potential role in the future of digital finance.
— Curated by the World Pulse Now AI Editorial System