Stablecoin market grows beyond $190B

Stablecoin market grows beyond $190B

The market cap for stablecoins such as #USDC has reached new highs above $190 billion - aided by increasing usage in global commerce and adoption by payment giants. Last month, #Stripe purchased stablecoin startup Bridge (marking the largest acquisition in crypto history) for $1.1 billion, while #PayPal's own stablecoin currently stands above $500 million in market cap.