The stablecoin market has been growing in the past month, with four out of the top five U.S. dollar-pegged tokens increasing in supply. The stablecoin economy has expanded by $1.04 billion in just six days. Tether (USDT) and Circle's USDC have seen significant increases in supply, while Ethena's USDE has experienced a decrease in market cap. Smaller stablecoins like GHO and DEUSD have also seen growth.
- Content Editor ( news.bitcoin.com )
- 2024-09-21
Stablecoin Market Adds $1B in Six Days as Major Tokens Expand