CandleFocus Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins
2024-09-07
Author: Content Editor
The stablecoin economy has experienced a modest but steady expansion over the past 15 days, with $1.08 billion added to its overall value. Tether's market capitalization increased by $790 million during this time. Despite slower growth compared to previous weeks, the stablecoin market grew from $169.72 billion to $170.80 billion from Aug. 23 to Sept. 7. Tether and USDC saw increases in supply, while DAI and USDE experienced decreases. Although the growth rate has slowed, the stablecoin economy continues to expand.
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