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1 https://wordpress.org/?v=6.9.4https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.pngStablecoin Economy – DIGIT INFO
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3232Stablecoin Market Adds $1B in Six Days as Major Tokens Expand
https://www.digit.info/stablecoin-market-adds-1b-in-six-days-as-major-tokens-expand/
Sat, 21 Sep 2024 16:46:19 +0000https://www.digit.info/stablecoin-market-adds-1b-in-six-days-as-major-tokens-expand/Read more]]>In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days. Tether, USDC See Supply Boosts as Stablecoin Market Grows by $1B in Less Than […]
]]>Stablecoin Market Grows by $1.3B in 5 Days as Tether Leads the Charge
https://www.digit.info/stablecoin-market-grows-by-1-3b-in-5-days-as-tether-leads-the-charge/
Fri, 23 Aug 2024 14:30:50 +0000https://www.digit.info/stablecoin-market-grows-by-1-3b-in-5-days-as-tether-leads-the-charge/Read more]]>Over the past five days, the stablecoin market has continued its upward trend, increasing by $1.3 billion in value. The largest stablecoin network by market capitalization, tether (USDT), experienced an expansion of 820 million in supply during this period. Tether’s Supply Swells by 820M Amid $1.3B Stablecoin Market Boost The stablecoin economy is gaining momentum […]
]]>Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
https://www.digit.info/stablecoin-market-expands-by-344m-in-7-days-led-by-paypals-pyusd-growth/
Wed, 17 Jul 2024 17:15:27 +0000https://www.digit.info/stablecoin-market-expands-by-344m-in-7-days-led-by-paypals-pyusd-growth/Read more]]>While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led the growth over the past 30 days, increasing 41.2% to reach $585.25 million. Stablecoin Economy Grows as Bitcoin and Ethereum Prices Rise Bitcoin and ethereum […]
]]>Stablecoin Market Remains Steady in June Amidst Crypto Volatility
https://www.digit.info/stablecoin-market-remains-steady-in-june-amidst-crypto-volatility/
Sun, 30 Jun 2024 16:01:55 +0000https://www.digit.info/2024/06/30/stablecoin-market-remains-steady-in-june-amidst-crypto-volatility/Read more]]>While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply increasing by 21.4% since May. Stablecoin Economy Shows Little Change in June The stablecoin market remained relatively […]
]]>$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total
https://www.digit.info/16b-injected-into-stablecoin-economy-in-90-days-tether-claims-69-of-total/
Sun, 09 Jun 2024 15:20:20 +0000https://www.digit.info/2024/06/09/16b-injected-into-stablecoin-economy-in-90-days-tether-claims-69-of-total/Read more]]>Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the fourth largest U.S. dollar-pegged coin, experienced a 46.1% increase in its supply. Stablecoin Market Swelled Last Season; USDE Climbs to Fourth Largest Dollar-Pegged Token While […]
]]>Stablecoin Giant Tether Hits $100 Billion Market Cap Amidst Crypto Market’s Surge
https://www.digit.info/stablecoin-giant-tether-hits-100-billion-market-cap-amidst-crypto-markets-surge/
Tue, 05 Mar 2024 14:30:04 +0000https://www.digit.info/2024/03/05/stablecoin-giant-tether-hits-100-billion-market-cap-amidst-crypto-markets-surge/Read more]]>As the cryptocurrency market swells to a valuation of $2.6 trillion, the leading stablecoin, tether, has achieved a market cap of $100 billion. Beginning from the start of 2024, tether has seen an addition of 8.27 billion tokens to its supply. From $300K to $100 Billion: Tether’s Meteoric Rise Tether (USDT), the top fiat-linked digital […]
]]>Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31
https://www.digit.info/tether-grows-2-3-as-stablecoin-economy-loses-2-4-billion-in-value-since-march-31/
Tue, 25 Apr 2023 16:35:04 +0000https://www.digit.info/2023/04/25/tether-grows-2-3-as-stablecoin-economy-loses-2-4-billion-in-value-since-march-31/Read more]]>While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the last 30 days, except for tether, which grew by 2.3% during that time. Four […]
]]>Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
https://www.digit.info/stablecoin-market-sees-fluctuations-with-some-coins-gaining-and-others-reducing-supply/
Sun, 26 Mar 2023 14:30:52 +0000https://www.digit.info/2023/03/26/stablecoin-market-sees-fluctuations-with-some-coins-gaining-and-others-reducing-supply/Read more]]>According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC and 351.57 million BUSD have been redeemed. […]
]]>Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range
https://www.digit.info/ebb-and-flow-of-stablecoin-economy-continues-with-busds-market-cap-dropping-below-10-billion-range/
Fri, 03 Mar 2023 15:00:19 +0000https://www.digit.info/2023/03/03/ebb-and-flow-of-stablecoin-economy-continues-with-busds-market-cap-dropping-below-10-billion-range/Read more]]>The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number of tethers in circulation has […]
]]>Stablecoin Economy Sheds Another $3 Billion in 44 Days
https://www.digit.info/stablecoin-economy-sheds-another-3-billion-in-44-days/
Sat, 28 Jan 2023 21:00:30 +0000https://www.digit.info/2023/01/28/stablecoin-economy-sheds-another-3-billion-in-44-days/Read more]]>The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD valuation shed 7.2% over the last month […]
In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days. Tether, USDC See Supply Boosts as Stablecoin Market Grows by $1B in Less Than […]
]]>
Over the past five days, the stablecoin market has continued its upward trend, increasing by $1.3 billion in value. The largest stablecoin network by market capitalization, tether (USDT), experienced an expansion of 820 million in supply during this period. Tether’s Supply Swells by 820M Amid $1.3B Stablecoin Market Boost The stablecoin economy is gaining momentum […]
]]>
While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led the growth over the past 30 days, increasing 41.2% to reach $585.25 million. Stablecoin Economy Grows as Bitcoin and Ethereum Prices Rise Bitcoin and ethereum […]
]]>
While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply increasing by 21.4% since May. Stablecoin Economy Shows Little Change in June The stablecoin market remained relatively […]
]]>
Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the fourth largest U.S. dollar-pegged coin, experienced a 46.1% increase in its supply. Stablecoin Market Swelled Last Season; USDE Climbs to Fourth Largest Dollar-Pegged Token While […]
]]>
As the cryptocurrency market swells to a valuation of $2.6 trillion, the leading stablecoin, tether, has achieved a market cap of $100 billion. Beginning from the start of 2024, tether has seen an addition of 8.27 billion tokens to its supply. From $300K to $100 Billion: Tether’s Meteoric Rise Tether (USDT), the top fiat-linked digital […]
]]>
While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the last 30 days, except for tether, which grew by 2.3% during that time. Four […]
According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC and 351.57 million BUSD have been redeemed. […]
The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number of tethers in circulation has […]
The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD valuation shed 7.2% over the last month […]