$ 11 billion added to the StableCoin economy in 10 days, VAT and OUSD emissions are increasing-altcoins

In the last week of November, the StableCoin economy with Tether and the USD had the 150 billion dollar brand exceeded Coin dominated the pack for the first time. In just ten days, the StableCoin economy has gained a further $ 11 billion in value, with the dollar origin and the Terra USD rose significantly in the past 30 days.

$ 11 billion to the fiat-coupled token economy

stablecoins are definitely an important part of the crypto industry, whether people like it or not. In ten days, the entire StableCoin economy has grown from $ 150 billion to $ 150 billion to $ 161.2 billion.

month after month the stablecoin markets are swollen and the TOKEN-TETHER ( usdt is in relation to the Market evaluation. Statistics show that usdt has a market assessment of around 77.3 billion US dollar and its market capitalization is 6.1% last month increased.

USD Coin (USDC) is today the second largest stable coin with a market rating of around $ 41 billion. The market capitalization of USDC has increased by a remarkable 19.5 % in the past 30 days. The aggregate of usdt and USDC taken up 4,75% of the total crypto economy.

With regard to the StableCoin economy alone, the two tokens usdt and USDC has a total of 161 billion US dollars on fiat-bound tokens. While Tether records most of the commercial volume, USDC has the third largest stable coin trade volume under Busd.

Terra and Origin StableCoin output balloons in the last month

Terras StableCoin VAT has recorded the strongest increase in the top ten of the StableCoin markets with a market capitalization of 190%in the past 30 days. A month ago, Terra's VAT market capitalization was only $ 2.88 billion.

The algorithmic stable coin UST today has an evaluation of around $ 8.3 billion and a global trading volume of $ 178 million. The market capitalization of VAT is just below the evaluation of DAI of $ 8.95 billion. The algorithmic stable coin issued by Terra is also above the magical internet money (MIM) from Abracadabra.Money and its 3.7 billion dollar market.

The profitable stable coin Origin Dollar (OUSD) has increased by a whopping 721% in the last 30 days. OUSD has an overall market assessment of around $ 226.5 million and a trade volume of $ 2.7 million. The StableCoin today has the 15th largest dweller evaluation of digital assets.

Other stable coins that saw remarkable 30-day movements include Frax, Pax dollar and Liquity USD. In addition to Fiat-bound tokens that are bound to the value of the USD, a number of stable coins that are based on various Fiat currencies such as the euro and the Turkish lira also have a considerable 30-day growth.

What do you think about the StableCoin economy in the last ten days and the VAT and OUSD growth in the last month? Let us know your opinion on this topic in the comments below.

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