Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation
Roughly two months in the past on April 11, the stablecoin financial system was valued at $190 billion and was getting nearer to surpassing $200...
Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries
On May 13, Circle’s chief monetary officer Jeremy Fox-Geen revealed a weblog publish referred to as “How to Be Stable,” following the aftermath of Terra’s...
Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap
The stablecoin economic system has grown over the last month because the market capitalization is now solely $10 billion away from reaching the $200 billion...
Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days
During the final 12 months the stablecoin financial system has grown huge and the present valuation at this time is barely $13 billion away from...
Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps
At the top of December 2021, the stablecoin financial system’s market valuation was round $168.3 billion and since then, it has elevated 9.92% to $185...
Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion
As all the lot of 12,333 digital currencies hovers simply above $1.8 trillion in worth, the stablecoin economic system has just lately swelled to $178.8...
Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on Ethereum
On Saturday, January 15, 2022, the market capitalization of all of the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion...
Terra Proposal Seeks to Expand UST Stablecoin to five Different Defi Protocols
On January 6, Terra Research introduced a proposal to broaden the community’s stablecoin asset terrausd (UST) throughout various totally different protocols on Polygon, Ethereum, and...
Maker Co-Founder Calls UST and MIM ‘Solid Ponzis’ That Will Go to Zero
Rune Christensen, one of many founders of Maker, the decentralized autonomous group behind the governance of stablecoin DAI, has spoken out towards two opponents. He...
Tether’s Market Cap Nears $80B, USDT Represents 46% of the Stablecoin Economy
This week the stablecoin large tether reached a market capitalization of roughly $78.2 billion based on knowledge. Over the final 30 days, tether’s market valuation...