USD0 market capitalization exceeds $1.8 billion, surpassing FDUSD to become the fifth largest stablecoin

According to TechFlow news on January 6, data from DefiLlama shows that the stablecoin USD0 issued by Usual has a market capitalization of $1.813 billion, surpassing FDUSD ($1.712 billion) to become the fifth largest stablecoin by market capitalization.

The current market capitalization rankings of stablecoins are: USDT ($53.75 billion), USDC ($4.55 billion), USDe ($5.837 billion), DAI ($4.462 billion), USD0 ($1.813 billion).