Top five stablecoins near all-time high with $150 billion market cap

2024-4-24 23:46

Quick Take

The aggregate supply of the top five stablecoins has reached $150 billion in market capitalization, with USDT (Tether) and USDC (USD Coin) leading the pack at $110 billion and $34 billion, respectively. BUSD, DAI, and TUSD make up the remaining $6 billion, with DAI at around $5.3 billion.

Aggregate Supplies Stablecoins: (Source: Glassnode)

Since the start of the Bitcoin bull run in October 2023, the leading digital asset has seen a roughly 140% increase in value, while the aggregate stablecoin market cap has grown from $120 billion to $150 billion, just $10 billion shy of its all-time high. USDT alone has experienced an increase from $83 billion to $110 billion.

Aggregated Market Cap Percentage Change: (Source: Glassnode)

In the past 30 days, the top five stablecoins have witnessed a 5% increase in supply, slightly lower than the March high of 7%. Compared to the 2021 bull run, where Bitcoin rose from $10,000 to $64,000 between Q4 2020 and April 2021, the stablecoin supply increased by 40 billion in six months.

The ongoing bull run since October 2023 has seen a notable surge in stablecoin market capitalization by $30 billion. However, this increase has been more moderate than the previous run, which experienced a 30-day rise of 40% on multiple occasions.

The post Top five stablecoins near all-time high with $150 billion market cap appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Five Star Coin Pro (FSCP) на Currencies.ru

$ 0.0181116 (+0.00%)
Объем 24H $11.169k
Изменеия 24h: -1.38 %, 7d: -0.59 %
Cегодня L: $0.0181116 - H: $0.0181116
Капитализация $39.608k Rank 99999
Доступно / Всего 2.187m FSCP

billion 150 market stablecoins five usd tether

Источник: cryptoslate.com

billion 150 → Результатов: 121


BlockDAG’s Community Investment Counts 14.8 Billion Coins: Set New Crypto Standard for  BNB Trading Volume & Litecoin Price

The surge in BNB trading volume, surpassing $2. 2 billion in daily transactions, highlights the escalating interest in the Binance-backed BNB Chain, especially within decentralised exchanges. Similarly, the Litecoin (LTC) price forecast predicts a notable ascent to $150, showing strong market confidence.

2024-4-12 23:30


Биржа KuCoin привлекла $150 млн при оценке в $10 млрд

Криптовалютная биржа KuCoin привлекла $150 млн в рамках раунда финансирования предварительной Серии B. Инвесторы оценили компанию в $10 млрд. #KuCoin announced a $150 million pre-Series B funding round, bringing its valuation to $10 billion.

2022-5-10 14:17


Genies company raises $150 million to become a Unicorn

Los Angeles-based Genies raised $150 million in the latest funding round to hit a valuation of $1 billion, establishing Genies as a unicorn startup.  Genies: The Genesis Genies is one of the world’s leading startups in digital avatar technology, and the Los-Angeles based company is shaping the leading edge of Metaverse by empowering individuals to […] The post Genies company raises $150 million to become a Unicorn appeared first on NFT News Today.

2022-4-14 12:16


Copy-Trading dApp FNDZ Eases Decentralized Crypto Trading For DeFi Mass Adoption

Decentralized finance (DeFi) reached over $150 billion in total value locked (TVL) in the last year. Despite this exceptional increase in TVL (from under a billion at the start of 2020), the number of users that interact with DeFi still pales in comparison with how many people invest in the rest of the crypto market, and these numbers are a drop in the bucket compared to those posted by traditional finance.

2021-10-4 16:26


Фото:

Market Cap of Exchange-Issued Tokens Surpasses $43 Billion, Binance’s BNB Token Surges 150%

Buoyed by bitcoin’s recent spike, altcoins including exchange-issued tokens recently made significant gains, while several of these crypto-assets went on to set new all-time highs (ATH). According to Messari data, Binance is leading the pack in this category, after its token went up by more than 150% from $47 on February 1 to an ATH […]

2021-2-12 10:30


дальше еще 72 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin market absorbs 1 million BTC in 5 months

Quick Take While Bitcoin currently trades approximately 20% below its all-time high, the more compelling narrative unfolds within the dynamic flow of coins between short-term holders (STHs) and long-term holders (LTHs) LTHs, holding Bitcoin for over 155 days, typically accumulate during bear markets and distribute during bulls.