With bitcoin (BTC) cruising past the $100,000 mark and the crypto economy swelling dramatically in value this year, multiple sectors saw significant expansion. Stablecoins, a major player in the digital asset realm, now exceed $200 billion in total valuation, reflecting a $73 billion increase in this subset of fiat-pegged cryptocurrencies. Stablecoins Flourish While Rankings Shift […]
Source: https://news.bitcoin.com/2024-fiat-pegged-economy-swells-stablecoins-reach-200b-tethers-market-soars-50-new-players-emerge/
2024 Fiat-Pegged Economy Swells—Stablecoins Reach $200B, Tether’s Market Soars 50%, New Players Emerge
