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Relatively Unknown Protocols Push TVL in Defi Above the $200 Billion Range
On February 15, the total value locked (TVL) in decentralized finance (defi) platforms is just above the $200 billion range, after a brief slump below that region last week. Out…
Stablecoin Whale Domination — Tether Addresses Valued at $1M Own More Than 80% of USDT Supply
As the market capitalization of the stablecoin tether nears $80 billion, with its current $77.9 billion valuation, data from onchain researchers at Santiment indicates that tether addresses valued at $1…
Value Locked in Defi Climbs 13% Higher Since Last Week’s Low, SOL Price Jumps 25%, AVAX TVL Spikes
The total value locked (TVL) in decentralized finance (defi) has jumped back above the $200 billion range, hovering around $216.49 billion on Saturday morning (EST). The TVL in defi has…
Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion
As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto…
Circle Launches USDC on Flow Blockchain
Circle, the operator of USDC, one of the biggest stablecoins by market cap, has launched USDC as a native asset on top of the Flow blockchain. Flow is a blockchain…
Circle’s USDC stablecoin gobbles Tether’s market share with 50B milestone
The 50 billion USDC circulating milestone has increased Circle’s share of the stablecoin market to almost 30%.
Stablecoin Issuance Surged Last Year — UST Saw the Largest 12-Month Increase
Stablecoins have become prominent payment rails in the world of cryptocurrencies commanding $177 billion in fiat value today. The top ten stablecoins by market capitalization represent the largest share of…
Whale Watch: A Deep Dive Into the Concentrations of Large Crypto Holders
Three months ago the crypto economy was worth more than $3 trillion and since then, digital currency prices have slid a great deal in value, as crypto assets have been…
Tether’s Market Cap Nears $80B, USDT Represents 46% of the Stablecoin Economy
This week the stablecoin giant tether reached a market capitalization of roughly $78.2 billion according to data. Over the last 30 days, tether’s market valuation grew by 5.6% and the…