The recent surge in adoption of decentralized finance (DeFi) has led to a significant increase in the demand for stablecoins. As a result, the total value locked (TVL) in DeFi protocols has surpassed $100 billion, with stablecoins making up over 70% of the total. This trend highlights the importance of stablecoins in facilitating liquidity and trust in the DeFi ecosystem.

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Stablecoins indeed play a crucial role in DeFi, ensuring price stability and liquidity. As TVL hits new heights, their importance continues to grow. Exciting times ahead for the ecosystem!