The stable coin emission rose sharply last year-VAT recorded the largest 12-month increase-altcoins
The stable coin emission rose sharply last year-VAT recorded the largest 12-month increase-altcoins
StableCoins have become prominent payment rails in the world of cryptocurrencies that today have a fiat value of $ 177 billion. The top ten stable stable after market capitalization are the largest proportion of the value of the fiat-decoupled coin dar coin economy and many of these tokens have grown exponentially last year. Terra's VAT stable grew the strongest last year and increased by 5,431 %in 2021.
a deep insight into the stable coin growth in the course of 2021
StableCoins today make up 9.77 % of today's crypto economy of $ 1.8 trillion, which corresponds to a value of $ 177 billion. While many digital assets recorded rapid growth last year, the market ratings of stable coins also increased because emissions increased every month.
HALDERISE ( usdt ) is the best stable coin in terms of market capitalization. usdt alone accounts for 4.32 % of the total crypto economy of 1.8 trillion US dollar Stablecoin-Wirtschaft, usdt overwhelmes the pack by 44.24 %.
On January 2, 2021, Tether ( usdt ) had a market capitalization of around 21.2 billion US dollar and growth until January 2022 by 269.81 % to $ 78.4 billion. US dollar coin (USDC) once had a market capitalization of $ 4.1 billion on January 1, 2021, and about 12 months later it grew by 936.58 % to $ 42.5 billion.
The third largest stable coin-Binanz USD (BUSD) had a market assessment of around $ 1.07 billion on the first day of 2021 and on the first day of 2022 it was $ 14.4 billion, which corresponds to an increase of
Terra's VSTstablecoin grew by $ 5,431.22 % from $ 182.6 million on January 1, 2021 to $ 10.1 billion on the same day in 2022. The DAI from Makerdao grew by $ 1.2 billion on January 1 to $ 8.9 billion on January 1, 2022.
Magic Internet Money (MIM) did not exist on January 1, 2021, but 128 days ago or four months ago MIM had a market capitalization of around $ 879 million. Mim grew by 422.18 % in four months to $ 4.59 billion until January 1, 2022.
The Stablecoin Frax (Frax) had a market capitalization of $ 71 million on January 1, 2021 and the same day in 2022 it was $ 1.8 billion. Frax grew by a whopping 2,435.21 %in 12 months. The eight -largest stablecoin trueusd (TUSD) grew between January 1, 2021 and January 1 of this year by 322.54 %.
The TUSD market capitalization was $ 284 million last year and $ 1.2 billion on January 2, 2022. The Pax dollar (USDP) had an assessment of around $ 346 million on January 1, 2021, and 12 months later it was $ 1 billion with growth of 189.02 %.
After all, the tenth largest stable coin Feu (FEI) has no market capitalization for January 1, 2021, but 301 days ago or nine months ago, it was $ 2.3 billion on April 4, 2021. Meanwhile, the market capitalization of FEI has actually shrunk by 66.08 % to $ 780 million in the 12-month period.
What do you think about increasing the output of stable coins between January 1, 2021 and the same day this year? Let us know your opinion on this topic in the comment area below.
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