CoinDesk Data's Stablecoins & CBDCs Report provides readers with a comprehensive analysis of the latest developments surrounding stablecoins and CBDCs, featuring data-driven insights into market capitalization, trading volumes, peg deviations, regulatory changes, and more.

• The total market capitalization of stablecoins rose 3.62% to $231bn, recording the eighteenth consecutive increase in end-of-month market capitalization
• In March, the market dominance of USDT by market capitalization fell to 62.1%, recording the lowest market share since March 2023. This also represented the fourth consecutive decline in market share for the stablecoin.
• With the price of gold surpassing $3,000, gold pegged stablecoins saw their market capitalization increase by 7.53% to $1.40bn – recording a new all-time high for the category.

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