Today news
About the same in other media
USDC and other stablecoins are going to balloon up in 2022
Reading now: 900
Apart from regulating the cryptocurrencies, the other part of this industry, stablecoins were also gaining the limelight. However, the cautionary warning tag has been passed on from crypto to stablecoins too.
It is no secret that along with the growing reach of cryptocurrencies, stablecoins like have also reported exponential growth. They have ballooned 500% and hit a market cap of $127 billion over the past 12 months. The leaders on the board include Tether, USD Coin, and Binance USD. USDC alone reported a market cap of $35 billion, compared to a mere $3.7 billion at the end of 2020. Although the stablecoins were used to trade against popular cryptos, Circle CEO Jeremy Allaire believed we may see growth in the utility of stablecoins like
Read more on ambcrypto.comAbout this in other media
Cardano’s Hoskinson: ‘Winners of the future in the DeFi space are going to…’ ambcrypto.com /2 years ago
Has Bitcoin solidified support at $58K and what’s going on with the Metaverse boom? | Find out now on The Market Report w/ Michaël van de Poppe. cointelegraph.com /2 years ago
Made money from Nykaa and other IPO listings? Check how much tax you need to pay financialexpress.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
