Despite the decline in stablecoins due to substantial redemptions, particularly from projects like USDC, DAI, and BUSD, the project TUSD has experienced a notable surge in its supply. TUSD has added more than a billion dollars’ worth of tokens to its existing supply. As of the present moment, the market capitalization of TUSD stands at approximately $3.13 billion.
TUSD’s Supply Spiked 52% on June 16, Rising by a Billion Tokens
In a recent stablecoin update, Bitcoin.com News shed light on the challenging times faced by the dollar-pegged token economy, with significant redemptions causing its market valuation to plummet to its lowest point in 20 months. As of June 19, 2023, the collective market capitalization of the leading stablecoins amounts to $129.99 billion, while these tokens have witnessed global trade volume of $20.84 billion in the past 24 hours.
Notably, three of the top five stablecoins in terms of market capitalization, namely USDC, DAI, and BUSD, have experienced supply
We współpracy z: https://news.bitcoin.com/tusd-supply-skyrockets-with-1-billion-injection-amidst-decline-in-stablecoins/
