Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
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Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and…
Stablecoin Market Remains Steady in June Amidst Crypto Volatility
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While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also…
$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total
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Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto…
Ethena’s USDE Stablecoin Surpasses $3 Billion, Flipping First Digital’s FDUSD
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This weekend, Ethena’s synthetic U.S. dollar stablecoin USDE reached the $3 billion range. As of June 2, 2024, USDE has surpassed First…
FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts
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The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the top…