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Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC

Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last…

Continue ReadingFiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC

Stablecoin Market Grows by $1.3B in 5 Days as Tether Leads the Charge

Over the past five days, the stablecoin market has continued its upward trend, increasing by $1.3 billion in value. The largest stablecoin network by market capitalization, tether (USDT), experienced an…

Continue ReadingStablecoin Market Grows by $1.3B in 5 Days as Tether Leads the Charge

Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt

The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an…

Continue ReadingStablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt

Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions

Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and USDE has experienced notable shifts. Over the last…

Continue ReadingStablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions

Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth

The stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $1.52 billion. The growth over the past seven days was primarily…

Continue ReadingStablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth