The total market value of stablecoins is approaching the $200 billion mark

Time：2022-03-15 Source： 1192 views Mining Copy share

In the past 12 months, stablecoins have developed rapidly. At present, the total market value of stablecoins is close to the $200 billion mark, at $187 billion.

In terms of 30-day issuance, the two stablecoins with the biggest gains are Terra's UST up 29.9% and Neutrino Protocol's USDN up 43.8%.

The largest stablecoin by market value, USDT, rose 2% this month, and its valuation exceeded $80 billion, accounting for 42.78% of the total market value of stablecoins. , USD Coin (USDC) has only increased by 0.3% in the past month, with a market value of about $52.3 billion, accounting for 27.96% of the total stablecoin market value.

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