The stablecoin market has experienced a significant rebound, reaching a total market capitalization of $306.157 billion as of November 30. This marks an increase of $3.087 billion over the past week. Circle's USDC was a major contributor to this growth, surging by $2.681 billion. Meanwhile, Tether's USDT continues to dominate the market with a substantial market cap of $184.595 billion.
In other developments, Blackrock's BUIDL saw a notable decline of 16.36%, while Ripple's RLUSD experienced an 8.98% increase. These movements highlight the dynamic shifts within the stablecoin sector as it continues to evolve.
Stablecoin Market Rebounds to $306 Billion, USDC Leads Growth
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