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Stablecoin Adoption Hits 8.7 Million Wallets Amid Market Fluctuations

  • The adoption of stablecoins has surged, with 8.7 million wallet addresses holding these digital assets.
  • Tether (USDT) leads with over 5.8 million wallet holders, followed by USD Coin (USDC) with about 2.2 million holders.
  • Stablecoins provide stability and act as a bridge between legacy finance and blockchain.
  • Stablecoins currently account for 8.2% of the entire cryptocurrency market capitalization.

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