PANews reported on April 28 that according to Cointelegraph, the market value of stablecoins increased by $4.58 billion in just one week, approaching the milestone of $240 billion. Tether, USDC, and new competitors such as USDS and RLUSD continue to drive market growth.

Stablecoin market value increased by $4.58 billion in the past week, approaching $240 billion