The total market capitalization of stablecoins has been increasing for nearly a year now, according to blockchain analytics firm CCData. In a new report, CCData says the total market cap of stablecoins rose by $169 billion in August, up by 2.89% from last month. The increase marks the 11th time in a row that the The post Total Stablecoin Market Cap Rises for 11th Consecutive Month Amid PayPal USD Growth: CCData appeared first on The Daily Hodl .