Stablecoin Market Surpasses $150B, a First in 18 Months, After $980M Growth in 5 Days
The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $150 billion mark as the dollar-anchored market continues its expansion. In the last five days, the stablecoin sphere expanded by $980 million... See more for yourself here (https://news.bitcoin.com/stablecoin-market-surpasses-150b-a-first-in-18-months-after-980m-growth-in-5-days/).
Your opinion is greatly appreciated.
Stablecoin Market Surpasses $150B, a First in 18 Months, After $980M Growth in 5 Days
The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $150 billion mark as the dollar-anchored market continues its expansion. In the last five days, the stablecoin sphere expanded by $980 million... See more for yourself here (https://news.bitcoin.com/stablecoin-market-surpasses-150b-a-first-in-18-months-after-980m-growth-in-5-days/).
Your opinion is greatly appreciated.
What does this significant increase mean;
- Growth in adoption of crypto
- More people converting assets to stable coin
- US citizens prefering stable coins to their native dollar
I would want to know...