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bitcoin newsNov 28, 2024

The Unstoppable Rise of Stablecoins: A 319% Boom Since 2021

Edited by Steinar Vigdel Kolnes, Editor, Oslo

The stablecoin economy has grown substantially, surpassing its previous peak recorded just before Terra’s stablecoin collapsed in May 2022. Stablecoin Market Sees Triple-Digit Growth as Tether’s Market Cap Hits $132B…

The Unstoppable Rise of Stablecoins: A 319% Boom Since 2021

The Unstoppable Rise of Stablecoins: A 319% Boom Since 2021The stablecoin economy has grown substantially, surpassing its previous peak recorded just before Terra’s stablecoin collapsed in May 2022. Stablecoin Market Sees Triple-Digit Growth as Tether’s Market Cap Hits $132B Data reveals that the crypto economy is currently valued at $3.33 trillion, with stablecoins making up anywhere between 5.70% and 6.02% of the total, depending […]

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