Stablecoin Market Surges $2.21 Billion in a Week as Tether, PYUSD lead the way

Posted under: Fintech
Date: 2024-08-21
Stablecoin Market Surges $2.21 Billion in a Week as Tether, PYUSD lead the way

The value of stablecoin increased by $2.21 billion in approximately one week, from August 9 to August 18. adding 1.26 billion USDT to its supply, making up 69.4% of the stablecoin market currently valued at $168.42 billion. The PYUSD stablecoin, supported by PayPal, has grown remarkably as well.

Read more at: www.wionews.com

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Stablecoin Market Surges $2.21 Billion in a Week as Tether, PYUSD lead the way

Posted under: Fintech
Date: 2024-08-21
Stablecoin Market Surges $2.21 Billion in a Week as Tether, PYUSD lead the way

The value of stablecoin increased by $2.21 billion in approximately one week, from August 9 to August 18. adding 1.26 billion USDT to its supply, making up 69.4% of the stablecoin market currently valued at $168.42 billion. The PYUSD stablecoin, supported by PayPal, has grown remarkably as well.

Read more at: www.wionews.com
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