Total stablecoin supply hits $180 billion: Report By Cointelegraph

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Move aside (BTC), stablecoins are holding the spotlight. Crypto research outlets Arcane Research and CryptoRank confirm that the stablecoin supply has hit the milestone amount of $180 billion.

The growth in stablecoins continues to outpace the rest of the market, up 6% in the past 30 days. In times of market volatility, stablecoins can offer price stability, backed by specific assets or algorithms.

Source: CryptoRank
Total stablecoin supply. Source: Arcane Research