Tag: Stablecoin market analysis
Stablecoins: The First ‘Killer App’ in Crypto – Standard Chartered’s Perspective
Standard Chartered recently released a report highlighting the growing importance of stablecoins in the world of cryptocurrency. The report suggests that stablecoins, which are digital currencies pegged to a stable asset like the US...
DeFi Total Value Locked (TVL) Declines by 16% While Stablecoin Market Remains Strong
DeFi Total Value Locked (TVL) Declines by 16% While Stablecoin Market Remains StrongIn a recent turn of events within the cryptocurrency market, the total value locked (TVL) in decentralized finance (DeFi) protocols experienced a...
Stablecoin Ratio Hits Record Low, Boosting Bitcoin Price
The stablecoin ratio, which measures the percentage of stablecoins in comparison to the total cryptocurrency market cap, has hit a record low. This decrease in the stablecoin ratio has been attributed to the increased...
Choosing Between USDT and USDC: Important Factors to Consider
Stablecoins like USDT and USDC have become essential components of the digital finance world due to their stability and 1:1 peg to the US dollar. As their use for everyday transactions continues to grow...
The Potential Impact of the $172B Stablecoin Market on Crypto Prices
The stablecoin market is making a comeback, with its capitalization nearing its all-time high. Analyst Alice Liu believes this signals a significant amount of cash on the sidelines ready to be invested once momentum...
