Stablecoin Market Cap Surges to New Record High as U.S. Senate Approves Regulatory Framework - Chip

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Stablecoin Market Cap Surges to New Record High as U.S. Senate Approves Regulatory Framework

1 day ago / Read about 0 minute

Author：小编

On Wednesday, the aggregate market capitalization of stablecoins soared to a record-breaking $251.7 billion, reflecting a year-to-date surge of 22%. Simultaneously, the U.S. Senate passed a pivotal bill aimed at establishing a regulatory framework for stablecoins—a rapidly expanding segment within the cryptocurrency market. This development signifies a major milestone towards the formal legalization of stablecoins. As per CoinDesk data, the market capitalization of stablecoins has attained an all-time high.

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