The stablecoin economy has grown during the last month as it is now only $10 billion away from reaching the $200 billion mark.
in recent times keeping the $1 peg, but it’s market cap over the last 30 days increased by 70.2%. Besides USDN’s steep jump, HUSD spiked by 16.8% during the last month increasing its market valuation to $294 million.
Gemini dollar’s valuation saw a steep decline over the last month losing 23.9% during the timeframe. Trueusd’s market cap has also lost 9% during the last 30 days as well. Despite some of the losses during the last month, the entire stablecoin market valuation has expanded by 1.65% in 30 days. With Terra’s UST at $16.7 billion and BSC’s BUSD at $17.8 billion, UST is coming awfully close to surpassing the BSC stabecoin. Additionally, after swelling another $10 billion higher than today’s current stablecoin economy value, the fiat-pegged crypto assets will reach the $200 billion milestone.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GOP State Groups Breaks Fundraising Record – $10.1M Q1, $43.4M TotalThe Republican State Leadership Committee (RSLC) and the State Government Leadership Foundation (SGLF), two groups aligned with state Republicans, announced they smashed their first-quarter fundraising record by 64 percent.
Read more »
Woman wins $10 million after accidentally pushing the wrong button on lottery machineLaQuedra Edwards was preparing to buy a lottery ticket from a vending machine at an L.A. supermarket when a 'rude person' bumped into her, causing her to push the wrong number. The ticket she received was a $10 million winner.
Read more »
A Rare $10 Gold Coin Designed by Augustus Saint-Gaudens at Teddy Roosevelt's Insistence Fetches $1.1 Million at Auction | Artnet NewsA rare $10 gold coin designed by sculptor Augustus Saint-Gaudens in 1907 was auctioned off for $1.14 million at Stack's Bowers Galleries.
Read more »
Billion Dollar Bitcoin Lawsuit Verdict Appealed — Self-Proclaimed Bitcoin Inventor Expects a Win – Bitcoin NewsIra Kleiman has sent a notice of appeal to the Florida District Court in an attempt to appeal the court’s rejection of a retrial. bitcoin trial
Read more »
Bitcoin Drops Beneath $41K, ETH, SHIB and Other Altcoins Follow; Here Are 3 ReasonsBitcoin falls beneath $41K; ETH, SHIB and altcoins drop; three reasons for the market decline Crypto BTC Ethereum ShibArmy
Read more »
Fortnite creators Epic Games raise $2B from Sony and LEGO to fund metaverse plansEpic Games will use $2 billion from Sony and LEGO_Group to develop novel metaverse play. (Reporting via Ornella_Hdz)
Read more »