The total value of yield-bearing stablecoins has climbed significantly to 11 billion USD, representing 4.5% of the market. Pendle leads with 3 billion USD, which is 30% of the market share.
Pendle forecasts that the issuance of stablecoins could increase to 500 billion USD within 18 to 24 months, with yield-bearing stablecoins potentially growing to 75 billion USD.
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