Stablecoin’s market capitalization exceeds $130 billion.
Stablecoins earn interest by utilizing most of it through yield farming.
Stablecoins have emerged from obscurity to become one of the most important digital asset sectors in the space. The stablecoin market now accounts for over 10% of crypto’s total valuation, with a market cap exceeding $130B.
With over 100 stablecoins listed on Coinmarketcap alone, deciding where to allocate capital is a challenge in itself. In order to make an informed decision, it’s first necessary to understand how the landscape operates.
Stablecoins have recorded a minimum of ~$300B in monthly trading volume since Jan 2021
Why Are Stablecoins So Popular?
Stablecoins denote any digital token pegged to a real-world commodity, such as fiat currency or precious metals. However, dollar-pegged coins dominate the market in an overwhelming way. This is primarily due to the US dollar’s positioning as the global fiat reserve currency.
At their core, stables
We współpracy z: https://thenewscrypto.com/market-analysis-exploring-the-stablecoin-landscape/
