Stablecoin Ecosystem Holds Firm Despite Lackluster Activity

Stablecoin Ecosystem Holds Firm Despite Lackluster Activity

The stablecoin economy has remained relatively lackluster over the past 30 days, fluctuating slightly above or slightly below the $124 billion range. In the last 24 hours, the global trade volume for fiat and commodity-pegged tokens has reached $11.55 billion.
Stablecoin Market Shows Resilience Amidst Volume Stagnation and Redemptions
As of September 17, 2023, coingecko.com reports that the total value of all stablecoin tokens is $123.86 billion. Tether (USDT), the leading stablecoin by market capitalization, holds the top position with $83,050,991,214. USDT’s supply increased by 0.8% over the past month.
On Sunday, USDC’s market cap stood at $26.16 billion, with its supply increasing by 0.6% in the past 30 days. DAI’s supply has decreased by 1.1% compared to 30 days ago, currently standing at $3.84 billion. TUSD’s supply has surged, showing a 12.9% increase over the month, bringing its market cap to $3.1 billion. Binance usd (BUSD) has experienced a significant supply decrease

Czytaj więcej

We współpracy z: https://news.bitcoin.com/stablecoin-ecosystem-holds-firm-despite-lackluster-activity/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy