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The Unstoppable Rise of Stablecoins: A 319% Boom Since 2021

The stablecoin economy has grown substantially, surpassing its previous peak recorded just before Terra’s stablecoin collapsed in May 2022. Stablecoin Market Sees Triple-Digit Growth as Tether’s Market Cap Hits $132B Dat...

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The Unstoppable Rise of Stablecoins: A 319% Boom Since 2021
The stablecoin economy has grown substantially, surpassing its previous peak recorded just before Terra’s stablecoin collapsed in May 2022. Stablecoin Market Sees Triple-Digit Growth as Tether’s Market Cap Hits $132B Data reveals that the crypto economy is currently valued at $3.33 trillion, with stablecoins making up anywhere between 5.70% and 6.02% of the total, depending […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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