Plasma XPL Pumps as Crypto Stablecoins Market Cap Hit All-Time High: Stop Shorting the Market
PositiveCryptocurrency

The stablecoin market has reached an all-time high, with a total value of around $307 billion, showcasing its growing importance in the cryptocurrency landscape. This surge comes despite fluctuations in broader crypto prices, highlighting the resilience of stablecoins. Additionally, Plasma (XPL), a new layer-1 network designed for stablecoin transactions, has gained traction, trading between $0.40 and $0.42 on strong volume. This development is significant as it indicates increasing investor confidence and the potential for stablecoins to play a crucial role in the future of digital finance.
— Curated by the World Pulse Now AI Editorial System