Stablecoin transfers quadruple to $891B as US banks expand adoption: Report
Summary
Stablecoin transfers surged significantly to reach $891 billion as traditional financial institutions increasingly adopt the digital assets. A recent report notes this rise in volume occurs even though the overall market capitalization has stayed mostly flat over the past year.
Coinbase reports growing adoption by banks and businesses, even as stablecoin market capitalization remains largely unchanged over the past year.
Source: Read the full story at Cointelegraph.com News
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