The stablecoin market has reached a historic high by achieving a volume of 190 billion dollars in November, marking unprecedented growth. This milestone underscores the increasing adoption and reliance on stablecoins within the cryptocurrency ecosystem.

Among the various stablecoins, USDT (Tether) and USDC (USD Coin) stood out by dominating the market share. Their prevalence highlights the trust and preference of users and investors towards these two stable tokens.

This rapid growth signifies a significant shift in the digital financial landscape, further solidifying the role of stablecoins as a critical component of the cryptocurrency market.