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Stablecoin Expansion Continues Even as Bitcoin (BTC) Rally Appears to Stall

Altszn.com by Altszn.com
April 3, 2024
in Blockchain, Crypto, DeFi, Web3
0
Stablecoin Expansion Continues Even as Bitcoin (BTC) Rally Appears to Stall
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However, during the same time, the cumulative supply of the top three stablecoins, tether (USDT), USD Coin (USDC), and DAI (DAI), which dominate the stablecoin market with over 90% share, increased by 2.1% to $141.42 billion, reaching its highest level since May 2022, according to data from charting platform TradingView. The cumulative supply is up over $20 billion this year.



Read More: www.coindesk.com

Tags: AppearsBitcoinBTCcontinuesDeFiExpansionRallystablecoinstall
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    • bitcoinBitcoin (BTC) $ 111,429.00
    • ethereumEthereum (ETH) $ 2,659.23
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.44
    • bnbBNB (BNB) $ 685.62
    • solanaSolana (SOL) $ 181.24
    • usd-coinUSDC (USDC) $ 0.999802
    • dogecoinDogecoin (DOGE) $ 0.246058
    • cardanoCardano (ADA) $ 0.809839
    • tronTRON (TRX) $ 0.273810
    • staked-etherLido Staked Ether (STETH) $ 2,653.76
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 111,329.00
    • suiSui (SUI) $ 3.84
    • hyperliquidHyperliquid (HYPE) $ 33.34
    • wrapped-stethWrapped stETH (WSTETH) $ 3,195.08
    • chainlinkChainlink (LINK) $ 16.67
    • avalanche-2Avalanche (AVAX) $ 25.14
    • stellarStellar (XLM) $ 0.304177
    • shiba-inuShiba Inu (SHIB) $ 0.000016
    • bitcoin-cashBitcoin Cash (BCH) $ 444.29
    • hedera-hashgraphHedera (HBAR) $ 0.204212
    • leo-tokenLEO Token (LEO) $ 8.88
    • the-open-networkToncoin (TON) $ 3.17
    • litecoinLitecoin (LTC) $ 100.49
    • polkadotPolkadot (DOT) $ 4.96
    • wethWETH (WETH) $ 2,656.30
    • moneroMonero (XMR) $ 380.88
    • usdsUSDS (USDS) $ 0.999734
    • pepePepe (PEPE) $ 0.000015
    • wrapped-eethWrapped eETH (WEETH) $ 2,837.17
    • bitget-tokenBitget Token (BGB) $ 5.43
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • pi-networkPi Network (PI) $ 0.820139
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 111,548.00
    • whitebitWhiteBIT Coin (WBT) $ 31.86
    • bittensorBittensor (TAO) $ 464.65
    • uniswapUniswap (UNI) $ 6.46
    • aaveAave (AAVE) $ 255.49
    • nearNEAR Protocol (NEAR) $ 3.06
    • daiDai (DAI) $ 0.999956
    • aptosAptos (APT) $ 5.74
    • jito-staked-solJito Staked SOL (JITOSOL) $ 218.47
    • ondo-financeOndo (ONDO) $ 1.02
    • okbOKB (OKB) $ 53.10
    • kaspaKaspa (KAS) $ 0.117103
    • internet-computerInternet Computer (ICP) $ 5.70
    • crypto-com-chainCronos (CRO) $ 0.100397
    • ethereum-classicEthereum Classic (ETC) $ 19.65
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • bitcoinBitcoin (BTC) $ 111,429.00
    • ethereumEthereum (ETH) $ 2,659.23
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.44
    • bnbBNB (BNB) $ 685.62
    • solanaSolana (SOL) $ 181.24
    • usd-coinUSDC (USDC) $ 0.999802
    • dogecoinDogecoin (DOGE) $ 0.246058
    • cardanoCardano (ADA) $ 0.809839
    • tronTRON (TRX) $ 0.273810
    • staked-etherLido Staked Ether (STETH) $ 2,653.76
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 111,329.00
    • suiSui (SUI) $ 3.84
    • hyperliquidHyperliquid (HYPE) $ 33.34
    • wrapped-stethWrapped stETH (WSTETH) $ 3,195.08
    • chainlinkChainlink (LINK) $ 16.67
    • avalanche-2Avalanche (AVAX) $ 25.14
    • stellarStellar (XLM) $ 0.304177
    • shiba-inuShiba Inu (SHIB) $ 0.000016
    • bitcoin-cashBitcoin Cash (BCH) $ 444.29
    • hedera-hashgraphHedera (HBAR) $ 0.204212
    • leo-tokenLEO Token (LEO) $ 8.88
    • the-open-networkToncoin (TON) $ 3.17
    • litecoinLitecoin (LTC) $ 100.49
    • polkadotPolkadot (DOT) $ 4.96
    • wethWETH (WETH) $ 2,656.30
    • moneroMonero (XMR) $ 380.88
    • usdsUSDS (USDS) $ 0.999734
    • pepePepe (PEPE) $ 0.000015
    • wrapped-eethWrapped eETH (WEETH) $ 2,837.17
    • bitget-tokenBitget Token (BGB) $ 5.43
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • pi-networkPi Network (PI) $ 0.820139
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 111,548.00
    • whitebitWhiteBIT Coin (WBT) $ 31.86
    • bittensorBittensor (TAO) $ 464.65
    • uniswapUniswap (UNI) $ 6.46
    • aaveAave (AAVE) $ 255.49
    • nearNEAR Protocol (NEAR) $ 3.06
    • daiDai (DAI) $ 0.999956
    • aptosAptos (APT) $ 5.74
    • jito-staked-solJito Staked SOL (JITOSOL) $ 218.47
    • ondo-financeOndo (ONDO) $ 1.02
    • okbOKB (OKB) $ 53.10
    • kaspaKaspa (KAS) $ 0.117103
    • internet-computerInternet Computer (ICP) $ 5.70
    • crypto-com-chainCronos (CRO) $ 0.100397
    • ethereum-classicEthereum Classic (ETC) $ 19.65
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00