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The growing popularity of stablecoins has seen the market cap hit a new high with USDT continuing to dominate the stablecoin market. New Market Cap High for Stablecoins The overall market capitalization of stablecoins across all networks hit $212.99 billion, setting a new record. This is according to data from Defillama, a decentralized finance total … Read more
The @Circle USDC Treasury has minted an additional $250 million USDC on the Solana blockchain. This brings the total amount minted on Solana to a staggering $1.5 billion in just the past 15 days. The influx of USDC highlights Solana’s growing role as a preferred network for stablecoin activity and decentralized finance (DeFi) applications. 🚨JUST … Read more
The stablecoin market, which is dominated by Tether and Circle, is worth more than $214 billion. Go to Source
USDC’s massive growth in 2024 marked the stablecoin’s steady recovery following a 45% market cap drop associated with the Silicon Valley Bank collapse in 2023. Go to Source
Stablecoins and liquid staking tokens are continuing to drive TVL growth across DeFi. Go to Source
Agora’s AUSD is the latest entrant into the burgeoning stablecoin market. Go to Source
Tether USDt’s trading has wiped $100 billion since mid-December, but it “may be premature to turn bearish,” according to Matrixport. Go to Source
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks. Go to Source
XRP previously overtook USDT on Dec. 1 when it climbed past both Solana and Tether’s stablecoin. Go to Source
The stablecoin is also more widely distributed across blockchain networks. Go to Source
