After a period of rapid expansion, the stablecoin market has found a plateau, stabilising at the $160 billion mark as April concluded.

This pause in significant growth over the past 19 days marks a contrast to the previously observed dynamism within the sector.

Among the leading stablecoins, FDUSD (CRYPTO:FDUSD) has emerged as a standout, demonstrating robust growth over the last 30 days with a 15.3% increase in its supply.

This stabilisation phase reflects a moment of consolidation within the stablecoin market, with FDUSD and PYUSD (CRYPTO:PYUSD) leading the way in terms of supply expansion, indicative of nuanced shifts in the landscape of digital currencies.