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The Daily Hodl 2024-08-02 20:00:07

Stablecoin Market Cap Rises in July for 10th Consecutive Month, Hitting Highest Point Since April 2022: CCData

Stablecoins are on the rise, according to a crypto data firm. The platform CCData notes in a new report that stablecoin market cap rose 2.11% last month, the 10th consecutive end-of-month market cap increase for the sector. “This is the highest monthly rise in the stablecoins market capitalization since April, suggesting inflows of new capital The post Stablecoin Market Cap Rises in July for 10th Consecutive Month, Hitting Highest Point Since April 2022: CCData appeared first on The Daily Hodl .

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