The total supply of stablecoins has reached its highest level in nearly two years
According to data from The Block Data Dashboard, the total supply of stablecoins reached $165 billion last Thursday, which is the highest level since late June 2022. Ripple stated earlier this month that by 2028, the supply will reach $2.8 trillion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nvidia (NVDA.US) further strengthens AI infrastructure by investing $2 billion in Brookfield (BAM.US) Global AI Fund, which aims to raise $10 billion.
Nvidia has invested $2 billion in the Global Artificial Intelligence Infrastructure Fund under Brookfield Asset Management.
LCNB Chief Wealth Officer Michael Miller to Retire
Loop Industries to Evaluate Alternatives, India Joint Venture Financing