Stablecoin Volumes – DIGIT INFO

Stablecoin Market Cap Slides, BUSD and DAI Valuations Jump, Fiat Tokens Represent 70% of All Crypto Trades

DIGIT — Thu, 21 Jul 2022 14:45:27 +0000

During the last month, the stablecoin economy’s market valuation dropped from $155.23 billion to $153.34 billion on July 20, sliding roughly 1.21%. The top two stablecoins by valuation, tether and usd coin, have seen their market caps slide over the last 30 days, while BUSD and DAI have seen increases. Stablecoin Markets Lose Close to […]

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Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report

DIGIT — Sun, 22 May 2022 14:00:50 +0000

The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via the Cayman Islands auditing company MHA Cayman. Circle CEO Says Firm’s […]

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Stablecoin Issuance Surged Last Year — UST Saw the Largest 12-Month Increase

DIGIT — Sun, 30 Jan 2022 18:49:38 +0000

Stablecoins have become prominent payment rails in the world of cryptocurrencies commanding $177 billion in fiat value today. The top ten stablecoins by market capitalization represent the largest share of the value in the fiat-pegged coin economy and many of these tokens grew exponentially last year. Terra’s UST stablecoin grew the most last year, jumping […]

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Expanding Crypto Market Caps by 500% to 1,300%: Stablecoin Issuance Saw Significant Growth Last Year

DIGIT — Tue, 11 Jan 2022 16:30:40 +0000

As crypto-assets grew immensely in value last year, the growth of the stablecoin economy swelled as well and today, there’s $170.24 billion worth of stablecoins in circulation. Data indicates that over the last 12 months, a slew of stablecoin valuations grew exponentially. 12-Month Stats Show Stablecoin Market Valuations Saw Massive Growth Last year, numerous crypto […]

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Stablecoin Economy Jumps 3.5% in 2 Weeks to $167 Billion, Fiat-Pegged Tokens Command Over 60% of Crypto Trades

DIGIT — Sat, 25 Dec 2021 17:30:11 +0000

Since December 8, the stablecoin economy has grown 3.59% in 17 days as numerous stablecoin market valuations have issued more fiat-pegged tokens this month. On Saturday, December 25, the stablecoin economy’s $167 billion market valuation represents 6.68% of the entire $2.49 trillion crypto market economy. Stablecoin Issuance Jumps 3.5% There’s a great number of stablecoins […]

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$11 Billion Added to Stablecoin Economy in 10 Days, UST and OUSD Issuance Swells

DIGIT — Wed, 08 Dec 2021 14:19:42 +0000

During the last week of November, the stablecoin economy had crossed the $150 billion mark for the first time with tether and usd coin dominating the pack. In a mere ten days, the stablecoin economy gathered another $11 billion in value with origin dollar and terra usd swelling significantly during the last 30 days. $11 […]

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Stablecoin Economy Surges Past $150B, Stablecoins Command Over 50% of Global Crypto Trade Volume

DIGIT — Fri, 26 Nov 2021 16:49:47 +0000

A great number of digital currencies have swelled in value this year and as the end of 2021 approaches, the market capitalization of all 11,000+ crypto assets in existence is roughly $2.6 trillion. These days, it’s safe to say that dollar-pegged tokens, otherwise known as stablecoins, have a strong presence in the crypto market. Today […]

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Stablecoins Swelled by $13B in 30 Days, Captured 67% of Today’s Crypto Trade Volume

DIGIT — Fri, 16 Jul 2021 16:30:04 +0000

Over the last few weeks, cryptocurrency markets have fallen in value as most of these assets reached all-time price highs three months ago. Despite the price drops, 2021 has still been an explosive year for crypto gains and fiat-pegged stablecoins have grown massively as well. 53 days ago, the entire capitalization of fiat stablecoins crossed […]

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$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July

DIGIT — Thu, 03 Sep 2020 22:30:03 +0000

Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July. While a number of dollar-pegged stablecoins have seen demand, the longstanding tether is still capturing most of the […]

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