stablecoin market cap – DIGIT INFO

Stablecoin market cap rises to 2-year highs as dominance slides to 6%: CCData

DIGIT — Wed, 29 May 2024 22:46:02 +0000

After eight consecutive months of ascent, the stablecoin market capitalization has risen to a 24-month high of $161 billion in May.

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Stablecoin Economy Growth Stagnates for 73 Days, USDC Market Cap Slides 5% Lower

DIGIT — Sun, 18 Sep 2022 17:30:02 +0000

Since the Terra stablecoin fiasco in May, the top stablecoins by market capitalization dropped 10.66% from $171.37 billion to today’s $153.09 billion. During the last two months, the top stablecoins by market capitalization have seen little growth remaining at $153 billion since mid-July. For More Than 2 Months Stablecoin Market Caps Stagnate Seeing Little Growth […]

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Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap

DIGIT — Mon, 11 Apr 2022 20:00:18 +0000

The stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200 billion mark. While the largest stablecoin, by market valuation, tether (USDT) swelled by 3% during the last 30 days to $82 billion, terrausd (UST) has increased by 15.4% to $16.7 billion. Stablecoin […]

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Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days

DIGIT — Tue, 15 Mar 2022 03:30:37 +0000

During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s USDN spiking 43.8%. Stablecoin Market Capitalization Continues to Swell, […]

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Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets

DIGIT — Sun, 27 Jun 2021 21:00:46 +0000

Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins is concerning. Rosengren: ‘We Should Be a Bit Concerned About Stablecoin Markets Growing Very Rapidly’ […]

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