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Stablecoin Market Hits Fever Pitch With $290 Billion in Play This Week

According to the latest stablecoin figures from defillama.com, the market is edging closer to the $290 billion threshold, with a current valuation of $289.40 billion. From Tether to Paypal: Stablecoins Battle for Billions This week’s snapshot of fiat-pegged tokens via defillama.com shows the sector expanded by $2.733 billion in seven days. Tether’s share has slipped, […] Also read: $330M Coinbase Hacker Converts $19M to Ethereum