Data: The cumulative supply of USDT, USDC, and DAI has reached its highest level since May 2022

ChainCatcher news, the cumulative supply of the three major stablecoins (USDT, USDC, and DAI) has increased to $141.42 billion, reaching the highest level since May 2022.

Data shows that funds continue to flow into the cryptocurrency market. The market value of Bitcoin has exceeded $73,500, but due to the reduced likelihood of a Fed rate hike in June, Bitcoin's current price is $66,300.