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Market Cap:
24h Vol:
Cryptocurrencies: 6897
Bitcoin Bitcoin Share: 49.84%
Markets: 68427
Cryptopolitan
2024-06-21 00:30:33

Stablecoins expand volumes by 10X in four years, but Euro stablecoins are still rare

Stablecoins expand volumes by 10X in four years, but Euro stablecoins are still rare

Stablecoins’ overall volumes have grown by 10X in just four years, thanks to growing supply. Increased transfers, trading activity, and presence on multiple networks are elevating stablecoins’ importance. Tether (USDT) and USD Circle (USDC) remain the chief sources of liquidity. Since the market lows and capitulation of 2020, stablecoin activity has recovered, and the 2024

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