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#Stablecoin Market Surpasses $250 Billion #MarketCap
The total stablecoin market cap has crossed $250 billion for the first time, with $245.5 billion from U.S. dollar-backed tokens.
$USDT dominates with $153 billion, followed by 
$USDC at $60.9 billion, as regulatory clarity drives adoption.
U.S. Senate advanced the GENIUS Act, establishing frameworks requiring full dollar backing and annual audits.
Hong Kong passed a stablecoin licensing regime on May 21, creating regulatory frameworks for operators.
Major institutions, including #JPMorgan and #BankofAmerica, are reportedly developing a joint #stablecoin project.
Decentralized exchanges achieved a record 25% global spot trading share, with DeFi TVL exceeding $113.17 billion.
DeFi total value locked currently exceeds $113.17 billion, with staking, cross-chain trading, and decentralized applications gaining widespread adoption among crypto users.
