Messari reports a surge in stablecoin market cap despite decreased trading volume, while Spiko raises $22 million in funding and Thai SEC partners with Bank of Thailand for a digital asset sandbox.
The stablecoin market cap has reached a record $258.5 billion, although trading volume has decreased. Daily trading volume now stands at $143.1 billion, reflecting a 13.2% rebound. Meanwhile, Spiko has secured $22 million in Series A funding led by Index Ventures, and the Thai SEC is collaborating with the Bank of Thailand to launch a sandbox program for digital asset exchanges.