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Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash

[Apr 22, 2024 11:22 AM] This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its intended $1 parity on May 9, 2022. In the past month, various…

Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation

[Apr 19, 2024 2:28 PM] Over the past seven days, the stablecoin sector has expanded by $2.81 billion, bringing the dollar-pegged cryptocurrency market close to a total valuation of $160 billion. A significant portion of this growth, exceeding $2 billion, is attributed to…

Stablecoin Market Expands by $4.46 Billion in 12 Days

[Apr 12, 2024 1:37 PM] In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86 billion. Additionally, the top five dollar-pegged cryptocurrencies experienced an increase in their supplies over the last 30…

Stablecoin Market Swells With Growth in March, Led by Ethena’s USDE

[Mar 31, 2024 8:09 AM] This month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $150 billion mark on March 20, 2024, with an infusion of an additional $1.4 billion into the arena since then. Leading the pack in supply growth for March…

Stablecoin Market Surpasses $150B, a First in 18 Months, After $980M Growth in 5 Days

[Mar 20, 2024 9:00 AM] The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $150 billion mark as the dollar-anchored market continues its expansion. In the last five days, the stablecoin sphere expanded by $980 million, breaking past the…

Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B

[Mar 15, 2024 10:00 AM] In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens that have seen their supply numbers go up over the last 30 days…

Stablecoin Sector Sees $3.26 Billion Growth Spurt; Tether Nears $100B Milestone, USDE Supply Swells by 374%

[Mar 3, 2024 3:30 PM] The stablecoin sector experienced a $3.26 billion expansion within the last eight days, climbing from $140.82 billion to $144.08 billion by Sunday, March 3, 2024. During February, increases in supply were observed in four of the top five…

Stablecoin Market Jumps by Over $2.5 Billion in 10 Days, Led by Rise in Key Players

[Feb 24, 2024 11:30 AM] In the opening fortnight of February, the stablecoin domain expanded by $1.7 billion, marking a significant rise. The value of the fiat token crypto market has once again risen witnessing an increase exceeding $2.5 billion over the past ten days…