The post Stablecoin Market Capitalization closes To The 2022 UST Peak Of $187B! appeared first on Coinpedia Fintech News
Notably, the Stablecoin market capitalizations have significantly shifted across multiple blockchains over the past few days. The total market capitalization when combined with all the chains has reached an impressive $172 billion. Notably, this is just $15 billion away from its all-time high (ATH) of $187 billion which was recorded in 2022. However, during that year the total market capitalization dropped to $157 billion following the collapse of UST that resulted in LUNA price losing 99% of its value.