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In July, the stablecoin market hit a record $261 billion, with non-USD stablecoins quietly surpassing $1B in total market cap. However, CBDC developments showed a mixed picture, with some countries advancing pilots while others pushing back. Summary Stablecoins hit a new ATH market cap in July though their market dominance dipped as broader crypto assets rallied.Falcon Finance’s USDf surged 121% to enter the top 10 stablecoins.Non-USD stablecoins surpassed $1B in market