• The stablecoin market cap hit a 15-month high of $141 billion.
• USDC’s market cap growth outpaced USDT.

In what was a sign of a clear bullish sentiment, the global stablecoin value recovered to levels last seen before the onset of the crypto bear market.

The market capitalization of such cryptos, which mimic the stability of national currencies, hit a 15-month high of $141 billion at press time, AMBCrypto noticed using DeFiLlama data,