Omkar Godbole / CoinDesk:

DefiLlama and Wintermute: the aggregate market cap of stablecoins crossed $164B for the first time since the collapse of Terra in May 2022; USDT is at $114.26B  —  Renewed expansion in stablecoins is bullish for the broader crypto market.  — Expansion of the stablecoin market is bullish for the broader crypto ecosystem.

Omkar Godbole / CoinDesk:

DefiLlama and Wintermute: the aggregate market cap of stablecoins crossed $164B for the first time since the collapse of Terra in May 2022; USDT is at $114.26B  —  Renewed expansion in stablecoins is bullish for the broader crypto market.  — Expansion of the stablecoin market is bullish for the broader crypto ecosystem.

Source: TechMeme
Source Link: http://www.techmeme.com/240725/p13#a240725p13