Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value.
Tag: Stablecoin Economy
Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries
On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion.
Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap
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.
Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days
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
Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on Ethereum
On Saturday, January 15, 2022, the market capitalization of all the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion crypto-economy.