follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit

Voting for banner placement

Bidding for banner placement

Author Topic: Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap  (Read 480 times)

sirty143

  • Mythical
  • **
  • *
  • Activity: 7132
  • points:
    200957
  • Karma: 287
  • Trade Count: (0)
  • Referrals: 19
  • Last Active: August 16, 2022, 06:50:14 AM
    • View Profile

  • Total Badges: 25
    Badges: (View All)
    10 Posts First Post Third year Anniversary
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. While the largest stablecoin, by market valuation, tether (USDT) swelled by 3% during the last 30 days to $82 billion, terrausd (UST) has increased by 15.4% to $16.7 billion. See more for yourself here.

Your opinion is greatly appreciated.

Altcoins Talks - Cryptocurrency Forum


Alcor

  • Legend
  • *
  • *
  • Activity: 2369
  • points:
    38625
  • Karma: 138
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: September 10, 2022, 08:02:13 AM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    10 Posts First Post Third year Anniversary
The capitalization of various stablecoins increases over time, as they perform a useful auxiliary function when working with cryptocurrency. They are very convenient for both temporary and relatively permanent storage of our currency. At the same time, stablecoins can be converted into both fiat and cryptocurrency at any time.
However, the situation may change when public stablecoins are massively introduced. Apparently, they will compete with each other, and states may want to limit or even prohibit the circulation of private stablecoins.

Altcoins Talks - Cryptocurrency Forum


owej90

  • Full Member
  • *
  • Activity: 186
  • points:
    1554
  • Karma: 13
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: July 26, 2022, 10:00:30 PM
    • View Profile

  • Total Badges: 14
    Badges: (View All)
    Third year Anniversary 10 Posts First Post
Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap



Just a visual confirmation
So, in January it was still 150B, now 200.
it seems Stablecoins market cap is growing exponentially



Using this affiliate link involves no extra costs or downsides

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
Powered by SMFPacks Social Login Mod