in recent times keeping the $1 peg, but it’s market cap over the last 30 days increased by 70.2%. Besides USDN’s steep jump, HUSD spiked by 16.8% during the last month increasing its market valuation to $294 million.
Gemini dollar’s valuation saw a steep decline over the last month losing 23.9% during the timeframe. Trueusd’s market cap has also lost 9% during the last 30 days as well. Despite some of the losses during the last month, the entire stablecoin market valuation has expanded by 1.65% in 30 days. With Terra’s UST at $16.7 billion and BSC’s BUSD at $17.8 billion, UST is coming awfully close to surpassing the BSC stabecoin. Additionally, after swelling another $10 billion higher than today’s current stablecoin economy value, the fiat-pegged crypto assets will reach the $200 billion milestone.
Tether has almost $90 billion now, which means they make almost 50% of the capitalization of stablecoins
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do stable coins have liquidity...? what if stable coins continue to be produced...?
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Is there a big difference between USDT, USDC and BUSD?
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