Am curious as to what that means because as far as I know stablecoins don't get to increase value like none stable coins do, so how they reach ath being a stable coin, probably new usdc is minted into circulation!..
The capitalization of all stablecoins increases only due to the issuance of new coins. And given the fact that the capitalization of the crypto market is approaching $ 3 trillion, the number of different stablecoins is constantly increasing, which confirms the rating of coinmarketcap. As for USD Coin (USDC), its capitalization has nothing to do with SHIBA INU.