Stablecoin Market Cap Reaches $20 Billion: Same as Crypto Market Cap in February 2017
bitcoinschannel.com
As per the latest statistics, the total market cap of all stablecoins in circulation has topped $20 billion. With a market cap of $15.6 billion, Tether (USDT) is still the dominant crypto stablecoin.
Amongst 28 odd stablecoins, US Dollar pegged coins are 18 in number namely, USDT, USDC, BUSD, True USD (TUSD), Paxos Standard, HUSD, sUSD, mStable USD, USDK, Gemini Dollar (GUSD), EOSDT, Reserve, Stably Dollar (USDS), Origin Dollar (OUSD), PieDAO USD++ (USD ++), Nubits (USNBT), unified Stable Dollar (USD), DeFiDollar (DUSD). Apart from USD stablecoins, cryptocurrencies pegged to other fiat currencies also exist in circulation.
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