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Global Stablecoin Supply Approaches $300 Billion Milestone
Gate News bot message, the total market capitalization of stablecoins is advancing toward the $300 billion mark. The expansion in stablecoin supply comes amid support from the current U.S. administration, which has demonstrated a pro-cryptocurrency stance and advocates for integrating digital assets into the global financial system.
The growth in stablecoin issuance represents increasing liquidity in the cryptocurrency market, with major stablecoin providers continuing to mint new tokens in response to market demand.