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

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Stablecoin Market Expands: .21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
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Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt

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Source: Bitcoin.com

Stablecoin Market Expands: $2.21B 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 […]

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Author: Jamie Redman

Related posts:

  1. Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction
  2. Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation
  3. Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
  4. Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B
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