1. Home
  2. FRAX

FRAX

Stablecoin Market Cap Slides, BUSD and DAI Valuations Jump, Fiat Tokens Represent 70% of All Crypto Trades

Stablecoin Market Cap Slides, BUSD and DAI Valuations Jump, Fiat Tokens Represent 70% of All Crypto TradesDuring the last month, the stablecoin economy’s market valuation dropped from $155.23 billion to $153.34 billion on July 20, sliding roughly 1.21%. The top two stablecoins by valuation, tether and usd coin, have seen their market caps slide over the last 30 days, while BUSD and DAI have seen increases. Stablecoin Markets Lose Close to […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation

Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market ValuationRoughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. However, after the Terra stablecoin fallout, the fiat-pegged token economy lost $16.31 billion in value since then. While that value was erased from the stablecoin market, stablecoins themselves represented 9.35% […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap

Stablecoin Economy Is  Billion Away From Reaching a 0 Billion Market CapThe stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200 billion mark. While the largest stablecoin, by market valuation, tether (USDT) swelled by 3% during the last 30 days to $82 billion, terrausd (UST) has increased by 15.4% to $16.7 billion. Stablecoin […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Crypto Analyst Says One Altcoin Has the Best Looking Chart, Updates Outlook on Two Ethereum Rivals

A veteran trader says one Ethereum-based altcoin has the best looking chart on the market and that two ETH rivals are set to rally. The pseudonymous crypto trader known as Cantering Clark says that he’s watching Frax (FXS), an algorithmic stablecoin system. Based on the trader’s analysis, FXS can potentially run to his target at […]

The post Crypto Analyst Says One Altcoin Has the Best Looking Chart, Updates Outlook on Two Ethereum Rivals appeared first on The Daily Hodl.

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days

Stablecoin Economy Nears 0B, UST Supply Jumps Higher, USDN Spikes 43% in 30 DaysDuring the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s USDN spiking 43.8%. Stablecoin Market Capitalization Continues to Swell, […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps

Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance JumpsAt the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued more assets during the last seven days, as some of the top dollar-pegged coins have swelled by more than 20% since the […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion

Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses  BillionAs the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto economy. Out of the top five stablecoins, usd coin (USDC) saw its market capitalization jump the most, increasing 18.9% during the last 30 days. The […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Stablecoin Issuance Surged Last Year — UST Saw the Largest 12-Month Increase

Stablecoin Issuance Surged Last Year — UST Saw the Largest 12-Month IncreaseStablecoins have become prominent payment rails in the world of cryptocurrencies commanding $177 billion in fiat value today. The top ten stablecoins by market capitalization represent the largest share of the value in the fiat-pegged coin economy and many of these tokens grew exponentially last year. Terra’s UST stablecoin grew the most last year, jumping […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on Ethereum

Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on EthereumOn Saturday, January 15, 2022, the market capitalization of all the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion crypto-economy. The market valuations of stablecoins tether and usd coin represent 71.84% of the entire stablecoin economy’s value. This week, the current total supply of usd coin surpassed tether, in terms […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Expanding Crypto Market Caps by 500% to 1,300%: Stablecoin Issuance Saw Significant Growth Last Year

Expanding Crypto Market Caps by 500% to 1,300%: Stablecoin Issuance Saw Significant Growth Last YearAs crypto-assets grew immensely in value last year, the growth of the stablecoin economy swelled as well and today, there’s $170.24 billion worth of stablecoins in circulation. Data indicates that over the last 12 months, a slew of stablecoin valuations grew exponentially. 12-Month Stats Show Stablecoin Market Valuations Saw Massive Growth Last year, numerous crypto […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum