Stablecoins have reached an unprecedented milestone, with their total market capitalization exceeding $250 billion for the first time. This achievement marks a significant moment in the evolution of digital assets, underscoring the increasing trust and reliance on fiat-backed cryptocurrencies in both the crypto ecosystem and traditional finance sectors.
These developments most likely add impetus to the strategic direction of firms like Riot Platforms Inc. (NASDAQ: RIOT) that have staked their futures on the long term prospects of the…
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