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Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt

Stablecoin Market Expands: .21B Uptick in 8 Days Fueled by Tether’s Growth SpurtThe stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an additional 1.26 billion USDT. Stablecoin Boom: $2.21B Growth Driven by Tether and PYUSD Between Aug. 9 and Aug. 18, 2024, the stablecoin economy expanded by […]

Bitcoin Miners Shifting to Artificial Intelligence and High-Performance Computing, According to VanEck Analysts

Stablecoin Transfer Volumes Increase Tenfold in 4 Years, Reaching $1 Trillion Monthly

Stablecoin Transfer Volumes Increase Tenfold in 4 Years, Reaching  Trillion MonthlyAccording to statistics from Token Terminal, monthly stablecoin transfer volumes have multiplied ten times over the past four years, increasing from $100 billion to $1 trillion per month. Data Highlights Explosive Growth in Monthly Stablecoin Transfers In recent years, stablecoin assets have gained significant importance. On June 20, 2024, the market capitalization of all stablecoins […]

Bitcoin Miners Shifting to Artificial Intelligence and High-Performance Computing, According to VanEck Analysts