Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead Growth

May 11, 2024 Bitcoin.com

Stablecoin Market Stabilizes at 0 Billion; FDUSD and PYUSD Lead Growth

Altcoins

Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply. Stablecoin Valuation Holds Steady With Little Growth Following a period of rapid […]

Round Two of Crypto Bull Market Coming Up, With One Memecoin Ready To Lead the Pack: Analyst

New Competitors Eating Away At Tether’s USDT Stablecoin Dominance: Kaiko Analytics

May 1, 2024 The Daily Hodl

Altcoins

Market intelligence platform Kaiko Analytics reports that new competitors are chipping away at Tether’s (USDT) stablecoin dominance. In a new report titled “Tether Loses Market Share,” Kaiko Analytics says that the stablecoin issuer’s market share over centralized exchange platforms (CEXs) has dipped 13% year-to-date (YTD) due to the growth of rival dollar-pegged digital assets, such […]

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Round Two of Crypto Bull Market Coming Up, With One Memecoin Ready To Lead the Pack: Analyst

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

April 22, 2024 Bitcoin.com

Stablecoin Market Hits 0 Billion, Reaching Heights Not Seen Since Terra’s Crash

Altcoins

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 stablecoins have experienced an increase in supply, with Ethena’s USDE at the forefront, registering a […]

Round Two of Crypto Bull Market Coming Up, With One Memecoin Ready To Lead the Pack: Analyst

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

April 19, 2024 Bitcoin.com

Stablecoin Market Climbs .81B in a Week, Nearing 0B Valuation

Altcoins

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 the increase in USDT’s market capitalization, which reached $109.38 billion by Friday at 1:00 p.m. Eastern Time. […]

Round Two of Crypto Bull Market Coming Up, With One Memecoin Ready To Lead the Pack: Analyst

USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up

April 14, 2024 Bitcoin.com

Altcoins

The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid market declines. Data reveals that the token, designed to mirror the U.S. dollar’s value, declined to $0.965 each. Similarly, the market witnessed the fourth largest stablecoin, FDUSD, fall to a low of $0.9557 per coin. […]

Round Two of Crypto Bull Market Coming Up, With One Memecoin Ready To Lead the Pack: Analyst

Binance Launchpool Rolls Out Staking and Trading Support for New Layer-1 Blockchain Project

April 14, 2024 The Daily Hodl

Altcoins

Top global crypto exchange Binance is planning on launching trading support for another new layer-1 altcoin project via its Launchpool platform. Binance Launchpool, which lets users stake coins to farm new assets, says its 52nd project will be Omni Network (OMNI), a network that aims to integrate Ethereum’s (ETH) rollup ecosystem into a single, unified […]

The post Binance Launchpool Rolls Out Staking and Trading Support for New Layer-1 Blockchain Project appeared first on The Daily Hodl.

Round Two of Crypto Bull Market Coming Up, With One Memecoin Ready To Lead the Pack: Analyst

Stablecoin Market Expands by $4.46 Billion in 12 Days

April 12, 2024 Bitcoin.com

Stablecoin Market Expands by .46 Billion in 12 Days

Altcoins

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 days. Top Dollar-Pegged Cryptos See Growth Amid April’s First 12 Days As of Friday, April 12, 2024, the […]

Round Two of Crypto Bull Market Coming Up, With One Memecoin Ready To Lead the Pack: Analyst

First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui

April 11, 2024 Bitcoin.com

Altcoins

The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at enhancing liquidity and efficiency of transactions.” FDUSD to Integrate With Sui Blockchain First Digital Labs, the issuer and asset manager of the fourth-biggest stablecoin in […]

Round Two of Crypto Bull Market Coming Up, With One Memecoin Ready To Lead the Pack: Analyst

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

March 31, 2024 Bitcoin.com

Altcoins

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 was Ethena’s USDE, soaring by 194.9% over the last 30 days. Top Dollar-Pegged […]

Round Two of Crypto Bull Market Coming Up, With One Memecoin Ready To Lead the Pack: Analyst

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

March 20, 2024 Bitcoin.com

Stablecoin Market Surpasses 0B, a First in 18 Months, After 0M Growth in 5 Days

Altcoins

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 latest threshold. Stablecoin Market Value Tops $150 Billion The total value of all stablecoins now stands at […]

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