Paypal and First Digital Stablecoins Dominate in December as Binance USD Heads Toward Extinction
January 3, 2024
The leading stablecoins, in terms of market capitalization, concluded 2023 with a combined value of around $131.69 billion, yet only two of the top ten experienced increases in 30-day supply. Data reveals that tether, the leading U.S. dollar-pegged crypto asset, observed a 2.5% uptick in its supply, while the newcomer, first digital usd, enjoyed a substantial 85.7% rise.
Stablecoin Market Sees…