USDC Expands At 2021 Levels—What’s Driving The Surge?
Stablecoins, often taking the backseat from Bitcoin and other top cryptocurrencies, are now in the spotlight. According to on-chain data, the stablecoins market has surged to over $200 billion, with Tether’s USDT and USDC as the main growth drivers. Based on CryptoQuant’s data, the stablecoins market increased by $37 billion since the first week of…
Stablecoins Hit $200 Billion—Does This Signal A Massive Crypto Rally?
For the past few months, stablecoins have yielded the spotlight to their more speculative counterparts, including tokens inspired by politicians. However, recent on-chain data suggests that stablecoins are back and have surpassed the $200 billion market cap. According to the data shared by Alphractal, the segment’s capitalization has surged to $211 billion, a record high,…
Stablecoins Market Cap Up By 65% – Driving The Bull Rally Forward?
Amidst a momentary pause in the current crypto bull run, stablecoins have emerged as a potential factor capable of driving the market forward. Market analyst Burak Kesmeci has provided much insight on this possibility while highlighting the impressive market gains of these stable digital assets in recent times. Stablecoins Surpass All-Time High Market Cap Value…