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Stablecoin market cap hits new ATH after more than 2 years
Tether's USDT remains the dominant force, controlling over 50% of the market share after recording a 10.5% increase in market capitalization to reach $133 billion.
The global stablecoin market capitalization reached an unprecedented $190 billion in November, surpassing the previous all-time high of $188 billion set in April 2022, according to a recent CCData report.
The sector experienced a robust 9.94% growth from October, marking the highest month-on-month increase since November 2021.
This milestone also represents the 14th consecutive month of end-of-month market cap growth, reflecting sustained global demand for stablecoins as an integral part of the digital finance ecosystem.

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