Stablecoin Market Cap Hits $322B, Surpassing Foreign Reserves of 95 Countries on May 26

According to CoinDesk, on May 26, stablecoin market capitalization reached $322 billion, surpassing the official foreign exchange reserves of 95 countries including Poland, Thailand, Mexico, United Kingdom, Canada, and the UAE. Only 14 nations hold foreign exchange reserves exceeding stablecoin market value. Stablecoins are widely used for cryptocurrency trading, DeFi settlement, and cross-border payments. The Bank for International Settlements reported that cross-border stablecoin flows have increased significantly since 2022, particularly in regions with high inflation and volatile exchange rates.
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