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Stablecoins total market cap just surpassed $150 billion ⁠— Te | Crypto World Analysis

Stablecoins total market cap just surpassed $150 billion ⁠— Tether’s USDT is still the largest, but Center’s USDC is catching up

As reported in a blog post by researchers Kyle Waters and Nate Maddrey at Coin Metrics, analyzing recent on-chain trends in stablecoin activity, the total market cap of all stablecoin taken together surpassed the $150 billion mark on Monday.

In 2021, total stablecoin transfer volume didn't cross $500 billion until mid February, and in 2020, it took stablecoins until October before passing $500 billion in total value settlements.

Source

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