Stablecoins Market Cap Increases for Tenth Consecutive Month

According to CCData_io, in July, stablecoins experienced their tenth consecutive increase in end-of-month market cap, rising by 2.11% to reach $164 billion. This marks the highest monthly rise in stablecoins market cap since April, indicating new capital inflows into the market, which is reflected by positive price action.
SourceCCData
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