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Circle Internet Financial's stablecoin has surpassed Tether in transaction volume, with USDC at $455.51 billion last week, while USDT had $88.52 billion. Stablecoin supply is consolidating, with major coins up 18% and others down over 50% from a year ago. The stablecoin market cap reached a record $160 billion in Q1, with various metrics showing growth and adoption, including active addresses, transactions, and institutional inflows.
Total Stablecoin Cumulative Metrics (since January 2023) #Solana gains on #Tron $TRX - $4.983 trillion $USDT $SOL - $4.663 trillion $USDC Will be watching as we move into May. https://t.co/Cge7kd3WMQ
Stable Coins are CBDCs - lets look at the stats: Tether $USDT @Tether_to Marketcap: $110,481,278,970 Dec 2023 : $97,020,394,556 in US short term treasuries, reverse repo agreements, Bitcoin, cash. 2024 minted $13b currently unaudited. https://t.co/u3swJ4d516
“@Aptos supply of stablecoins has nearly doubled YTD from $50M to $100M. Stablecoin supply dominance as % of total TVL has declined by 13% to 27%, meaning TVL is becoming more diversified in a growing stablecoin ecosystem.” – @ournetwork | @Re7Capital Chart via: @DefiLlama https://t.co/l4iIGkCSTL
