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In the past year, the circulation of income-based stablecoins has increased from US$2.74 billion to approximately US$10 billion

On May 25, according to stablewatch data, in the past year, the circulation of income-based stablecoins has increased from US$2.74 billion to a maximum of US$11 billion, and is currently about US$9.18 billion; their share in the stablecoin market has jumped to 4.5%.

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