Stablecoin Growth Continues At the same time as Bitcoin (BTC) Rally Seems to Stall

Stablecoin Growth Continues At the same time as Bitcoin (BTC) Rally Seems to Stall

by Jeremy

Nevertheless, throughout the identical time, the cumulative provide of the highest three stablecoins, tether (USDT), USD Coin (USDC), and DAI (DAI), which dominate the stablecoin market with over 90% share, elevated by 2.1% to $141.42 billion, reaching its highest stage since Might 2022, based on knowledge from charting platform TradingView. The cumulative provide is up over $20 billion this 12 months.

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