Stablecoins extend winning streak in December Stablecoins c | Crypto Portal

Stablecoins extend winning streak in December

Stablecoins continue to ascend
According to the latest report by digital assets market data provider CCData, the total stablecoin marketcap rose 0.9% to $129 billion as of the 18th of December, the highest in seven months.

How did the big boys perform?
Being the largest stablecoin, Tether [USDT] is considered a bellwether for stablecoin sentiment in the market.

BUSD makes way for FDUSD
The report also drew attention to the emergence of First Digital USD [FDUSD]. The Binance [BNB]-backed stablecoin has taken giant strides since its debut on the exchange in July.