Investors continue to move into dollar-pegged tokens as geopolitical risk and prolonged weakness in crypto markets push them toward perceived safety on-chain. The total stablecoin market capitalization hit a record $313 billion on Sunday, underscoring resilient demand even as the broader digital asset space remains under pressure and tensions escalate in the Middle East. Latest data from DefiLlama shows the combined value of stablecoins climbed 1.14% over the past week to $313.008 billion. The increase came as the US–Iran conflict intensified and oil prices spiked, amplifying risk aversion across traditional and ... (full story)