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Stablecoin Market Cap Surpasses 190 Billion Dollars...2022 April Record Alert

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Son Min
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  • The market cap of Stablecoin has surpassed 190 billion dollars, as reported by the accounting firm.
  • This is a record increase since April 2022, with Bitcoin's rapid rise being one of the contributing factors.
  • The total market cap of the virtual asset market has soared to 3 trillion 400 billion dollars.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Source=Intotheblock CaptureSource=Intotheblock Capture

The market cap of Stablecoin has surpassed 190 billion dollars (approximately 265 trillion 620 billion won). On the 28th (local time), the virtual asset accounting firm X stated, "This week's Stablecoin market cap surpassed 190 billion dollars," and "It is a record alert for April 2022." Furthermore, it was mentioned that "Stablecoin demand is rapidly increasing" and "Bitcoin is recording an all-time high, influencing the virtual asset market cap to soar to 3 trillion 400 billion dollars."

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sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit