With bitcoin (BTC) cruising past the $ 100,000 mark and the crypto economy swelling dramatically in value this year, multiple sectors saw significant expansion. Stablecoins, a major player in the digital asset realm, now exceed $ 200 billion in total valuation, reflecting a $ 73 billion increase in this subset of fiat-pegged …
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 seven days. Stablecoin Market Continues to Climb Though the pace has slowed, the stablecoin market keeps inching upward every week. On Sept. 7, …
In the fortnight since Dec. 2, 2023, the stablecoin asset first digital usd (FDUSD) experienced a notable expansion, increasing its supply by 690 million coins. As of Dec. 17, 2023, this surge has elevated its market capitalization to a significant $ 1.61 billion. This period witnessed the U.S.-dollar-pegged token’s significant growth of 74.92%. FDUSD …