News with the tag "Stablecoin market cap"

In a recent statement, European Central Bank (ECB) board member Piero Cipollone emphasized the necessity for Eurozone banks to adopt a digital euro in light of US President Donald Trump’s initiative to promote stablecoins. These cryptocurrencies, pegged to the US dollar, are part of a broader strate...

The stablecoin market has achieved a significant milestone, surpassing $200 billion in total market capitalization , according to data from CoinGecko . This marks a 13% increase over November, reflecting the growing adoption of stablecoins as a key asset in the cryptocurrency ecosystem. Analysts fro...

With a market cap of $2.24 Trillion, the crypto market hosts millions of cryptocurrencies with values varying from less than 1 to as high as hundreds of dollars. Moreover, there is a vast variety based on their characteristics, use cases, stability, and much more. One such category is stablecoins, w...

After eight consecutive months of ascent, the stablecoin market capitalization has risen to a 24-month high of $161 billion in May.

In a recent report by Bloomberg, it has been revealed that more than 90% of stablecoin transaction volumes do not originate from genuine users, according to a new metric co-developed by Visa. Stablecoin Market Faces Data Reality Visa and Allium Labs have created a dashboard designed to filter out tr...

Polygon’s Surge in Stablecoin Market Cap: Polygon (MATIC) has witnessed a significant surge in its stablecoin market cap, reaching the highest volume in the past six months. DefiLlama’s metrics reveal that the stablecoin market cap on the Polygon network currently stands at approximately $1.4 billio...

Stablecoin issuers flock to Arbitrum as Token Terminal's report reveals a surge in activity. The L2 landscape evolves, but user numbers remain steady.

Data shows the stablecoin market cap has returned toward equilibrium and may be gearing up for a reversal. Here’s how Bitcoin could benefit from this. Aggregate Stablecoin Market Cap Change Has Returned To Equilibrium According to data from the on-chain analytics firm Glassnode, the aggregate stable...

Arbitrum plans to phase out bridged USDC while launching the native USDC. This move could reshape the platform's stablecoin market cap and trading dynamics.