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USDS and RLUSD Stablecoins See Uptick in Supply Amid Broader Stablecoin Growth

USDS and RLUSD Stablecoins See Uptick in Supply Amid Broader Stablecoin Growth

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Source: Bitcoin.com

USDS and RLUSD Stablecoins See Uptick in Supply Amid Broader Stablecoin GrowthThe latest data highlights that the stablecoin market currently sits at $173 billion, with two recently introduced U.S. dollar-backed stablecoins showing significant growth. The decentralized finance (defi) project Sky, previously known as Makerdao, has minted 1.11 billion USDS, adding approximately 104 million coins to its supply over the past five days. In a parallel development […]

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Author: Jamie Redman