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Stablecoin Market Surpassed $200 Billion in Value
The stablecoin market has surpassed $200 billion in total value, marking a development in the cryptocurrency space that reflects the growing role of stablecoins in enabling crypto trading, decentralized finance (DeFi), and payments. Stablecoins like Tether (USDT) and USD Coin (USDC) continue to play a central role in facilitating liquidity and bridging traditional and digital finance.
What Are Stablecoins?
Stablecoins are digital assets designed to maintain a consistent value, typically pegged to fiat currencies such as the U.S. dollar or other reserve assets like gold. Unlike other cryptocurrencies, stablecoins aim to reduce volatility, making them useful for transactions, DeFi applications, and as a stable store of value during market fluctuations.
USDT and USDC are among the most utilized stablecoins in the market, providing liquidity and supporting a wide range of blockchain-based applications.
Tether (USDT):
Tether’s USDT continues to dominate the stablecoin ecosystem with a circulating supply exceeding $139 billion. Its adoption spans centralized and decentralized platforms, making it a key player in the cryptocurrency ecosystem.
Key Features of USDT:
Liquidity: Widely used across major exchanges for trading pairs.Global Availability: Integrated across multiple blockchains for seamless usage.DeFi Use Cases: Supports lending, borrowing, and yield farming protocols.
USD Coin (USDC):
USDC, issued by Circle, ranks as the second-largest stablecoin with a market capitalization of $41 billion. Institutions often use it due to its regulatory compliance and transparent reserves.
Key Features of USDC:
Regulatory Alignment: Close collaboration with U.S. regulators to ensure compliance.Programmability: Supports applications in DeFi and smart contracts.Fintech Adoption: Partnerships with financial technology companies enhance its utility in mainstream finance.
Drivers of Stablecoin Growth
Several factors contribute to the stablecoin market’s expansion:
Trading Utility: Stablecoins act as a stable intermediary in trading pairs, providing a buffer against volatility.DeFi Applications: Many decentralized platforms rely on stablecoins for lending, borrowing, and staking.Cross-Border Payments: Low transaction fees and fast processing make stablecoins a practical choice for remittances.Corporate Adoption: Increasingly, corporations are integrating stablecoins into their payment systems, reflecting their broader acceptance.
Emerging Stablecoins and Market Diversity
In addition to #USDT and #USDC , other stablecoins such as Dai (#DAI ) and TrueUSD (#TUSD ) are emerging. Decentralized stablecoins like DAI rely on algorithmic mechanisms to maintain stability. Stablecoins targeting specific regions or applications also contribute to market diversity and innovation.
The #stablecoin market’s $200 billion record highlights its critical role in the cryptocurrency ecosystem. Stablecoins are bridging traditional finance with the digital asset space by providing liquidity, reducing volatility, and enabling blockchain applications.
What Are Stablecoins?
Stablecoins are digital assets designed to maintain a consistent value, typically pegged to fiat currencies such as the U.S. dollar or other reserve assets like gold. Unlike other cryptocurrencies, stablecoins aim to reduce volatility, making them useful for transactions, DeFi applications, and as a stable store of value during market fluctuations.
USDT and USDC are among the most utilized stablecoins in the market, providing liquidity and supporting a wide range of blockchain-based applications.
Tether (USDT):
Tether’s USDT continues to dominate the stablecoin ecosystem with a circulating supply exceeding $139 billion. Its adoption spans centralized and decentralized platforms, making it a key player in the cryptocurrency ecosystem.
Key Features of USDT:
Liquidity: Widely used across major exchanges for trading pairs.Global Availability: Integrated across multiple blockchains for seamless usage.DeFi Use Cases: Supports lending, borrowing, and yield farming protocols.
USD Coin (USDC):
USDC, issued by Circle, ranks as the second-largest stablecoin with a market capitalization of $41 billion. Institutions often use it due to its regulatory compliance and transparent reserves.
Key Features of USDC:
Regulatory Alignment: Close collaboration with U.S. regulators to ensure compliance.Programmability: Supports applications in DeFi and smart contracts.Fintech Adoption: Partnerships with financial technology companies enhance its utility in mainstream finance.
Drivers of Stablecoin Growth
Several factors contribute to the stablecoin market’s expansion:
Trading Utility: Stablecoins act as a stable intermediary in trading pairs, providing a buffer against volatility.DeFi Applications: Many decentralized platforms rely on stablecoins for lending, borrowing, and staking.Cross-Border Payments: Low transaction fees and fast processing make stablecoins a practical choice for remittances.Corporate Adoption: Increasingly, corporations are integrating stablecoins into their payment systems, reflecting their broader acceptance.
Emerging Stablecoins and Market Diversity
In addition to #USDT and #USDC , other stablecoins such as Dai (#DAI ) and TrueUSD (#TUSD ) are emerging. Decentralized stablecoins like DAI rely on algorithmic mechanisms to maintain stability. Stablecoins targeting specific regions or applications also contribute to market diversity and innovation.
The #stablecoin market’s $200 billion record highlights its critical role in the cryptocurrency ecosystem. Stablecoins are bridging traditional finance with the digital asset space by providing liquidity, reducing volatility, and enabling blockchain applications.
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What to expect from the ban on USDT in the European Union
Recent discussions about a possible ban on Tether #USDT in the European Union are causing many questions and concerns in the crypto community. Let's consider what consequences this may have for the cryptocurrency market.
1. Decreased liquidity
USDT is one of the most popular stablecoins, providing liquidity on many exchanges. A ban may:
1. Decreased liquidity
USDT is one of the most popular stablecoins, providing liquidity on many exchanges. A ban may:
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I have money in currency #dai of #coinbase and it seems that I have to transfer it to #coinbasewallet I have no idea how to do it it doesn't let me operate anything in Coinbase and in Wallet it takes me directly to buy coins, it's probably a silly thing but I don't know how to solve it if someone can help me I would appreciate it
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$MKR
What will happen to MakerDAO after it upgrades to sky?
Not long ago, MakerDAO upgraded and rebranded its name to Sky, and introduced a new stablecoin USDS and governance token SKY. This change is part of MakerDAO's multi-year development plan to promote the popularization of DeFi and simplify the user experience by introducing new features and improving user interaction. After the launch of the new USDS stablecoin and SKY governance token, the existing DAI and MKR tokens will continue to circulate, and users can choose whether to upgrade their tokens to the new version.
This major upgrade of MakerDAO is called "Endgame" and aims to enhance the accessibility, governance and scalability of decentralized finance (DeFi). The new Sky brand will provide key functions through the Sky.money platform, which aims to simplify user interaction with the Sky ecosystem, lower the barrier to entry, and make DeFi more accessible and navigable.
Although this rebranding is intended to promote the next evolution of DeFi, the community has mixed reviews. Some believe that this name change hurts MakerDAO's mature brand recognition, and that the official did not properly handle the original social media accounts, posing security risks. In addition, it is controversial that DAI will introduce a freeze function after upgrading to USDS, which is contrary to the principle of anti-censorship of decentralized stablecoins and has aroused community concerns.
Overall, MakerDAO's upgrade and rebranding is a bold attempt to adapt to the changing regulatory environment while promoting innovation and growth in DeFi. However, this upgrade also brings some challenges and controversies that need to be faced and resolved by the community and developers. #mkr #MKR/USDT #MakerDao #dai #MKR.智能策略库🥇🥇
What will happen to MakerDAO after it upgrades to sky?
Not long ago, MakerDAO upgraded and rebranded its name to Sky, and introduced a new stablecoin USDS and governance token SKY. This change is part of MakerDAO's multi-year development plan to promote the popularization of DeFi and simplify the user experience by introducing new features and improving user interaction. After the launch of the new USDS stablecoin and SKY governance token, the existing DAI and MKR tokens will continue to circulate, and users can choose whether to upgrade their tokens to the new version.
This major upgrade of MakerDAO is called "Endgame" and aims to enhance the accessibility, governance and scalability of decentralized finance (DeFi). The new Sky brand will provide key functions through the Sky.money platform, which aims to simplify user interaction with the Sky ecosystem, lower the barrier to entry, and make DeFi more accessible and navigable.
Although this rebranding is intended to promote the next evolution of DeFi, the community has mixed reviews. Some believe that this name change hurts MakerDAO's mature brand recognition, and that the official did not properly handle the original social media accounts, posing security risks. In addition, it is controversial that DAI will introduce a freeze function after upgrading to USDS, which is contrary to the principle of anti-censorship of decentralized stablecoins and has aroused community concerns.
Overall, MakerDAO's upgrade and rebranding is a bold attempt to adapt to the changing regulatory environment while promoting innovation and growth in DeFi. However, this upgrade also brings some challenges and controversies that need to be faced and resolved by the community and developers. #mkr #MKR/USDT #MakerDao #dai #MKR.智能策略库🥇🥇
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Will it be the biggest thunder in the currency circle?
USDT is a stablecoin pegged to the US dollar and issued by Tether. Despite its important position in the crypto market, it has some worrying problems:
1️⃣ Reserve transparency issue: Tether has not disclosed the reserve of USDT publicly and transparently. We cannot be sure whether they really have enough US dollars to support the value of USDT. Once users lose trust, it may trigger panic selling. In 2018, the price of USDT once fell below $1, causing market volatility.
2️⃣ Legal and regulatory pressure: Tether was sued by New York prosecutors, accusing them of covering up a $850 million funding gap in 2018 and misleading investors. Although a settlement of $185 million was finally reached, it has brought adverse effects to USDT.
3️⃣ Advantages of competitor USDC: USDC, which is also a stablecoin, is more transparent and decentralized. Their assets are placed in custodial banks and provide audit information, which has been favored by more and more institutional and individual investors.
Diversify risks and choose safer stablecoins: In order to avoid this super black swan event, do not exchange too many assets for USDT. You can diversify your investments into some decentralized stablecoins, such as USDC, DAI, LUSD, etc., and also pay attention to whether their liquidity is good.
Follow me, the homepage updates real-time strategies every day
#美联储何时降息？ #美国大选如何影响加密产业？ #USDT。 #USDC #dai $USDC $RIF $WIN
USDT is a stablecoin pegged to the US dollar and issued by Tether. Despite its important position in the crypto market, it has some worrying problems:
1️⃣ Reserve transparency issue: Tether has not disclosed the reserve of USDT publicly and transparently. We cannot be sure whether they really have enough US dollars to support the value of USDT. Once users lose trust, it may trigger panic selling. In 2018, the price of USDT once fell below $1, causing market volatility.
2️⃣ Legal and regulatory pressure: Tether was sued by New York prosecutors, accusing them of covering up a $850 million funding gap in 2018 and misleading investors. Although a settlement of $185 million was finally reached, it has brought adverse effects to USDT.
3️⃣ Advantages of competitor USDC: USDC, which is also a stablecoin, is more transparent and decentralized. Their assets are placed in custodial banks and provide audit information, which has been favored by more and more institutional and individual investors.
Diversify risks and choose safer stablecoins: In order to avoid this super black swan event, do not exchange too many assets for USDT. You can diversify your investments into some decentralized stablecoins, such as USDC, DAI, LUSD, etc., and also pay attention to whether their liquidity is good.
Follow me, the homepage updates real-time strategies every day
#美联储何时降息？ #美国大选如何影响加密产业？ #USDT。 #USDC #dai $USDC $RIF $WIN
Dai ( #DAI )
Signal 📊: ➡️ Hold
Entry Position 📥: $1.00
Take Profit (TP) 🎯: $1.01
Stop Loss (SL) 🚫: $0.99
Close Position 🔒: $1.00
#TrendingBinance #analysisreport #xpert
Signal 📊: ➡️ Hold
Entry Position 📥: $1.00
Take Profit (TP) 🎯: $1.01
Stop Loss (SL) 🚫: $0.99
Close Position 🔒: $1.00
#TrendingBinance #analysisreport #xpert
$USDC
USDT/DAI Stability: A Crucial Pillar of the Crypto Market
The USDT/DAI trading pair remains a vital indicator of stability in the cryptocurrency market. Currently priced at $1.0002 (+0.01%), the pair showcases the reliability of stablecoins in maintaining their peg even during volatile market conditions.
Key Highlights:
🔹 24H Range: $1.0000 - $1.0004
🔹 Volume: A solid 7.27M, reflecting high liquidity and market trust.
🔹 Stability: Despite the minor fluctuations, both USDT and DAI maintain their promise of a stable $1 value, ensuring confidence among traders and investors.
Why This Matters:
Stablecoins like USDT and DAI act as a safe haven for crypto traders, enabling seamless transitions between volatile assets and secure holdings. The consistent peg to the dollar reinforces their role as the backbone of DeFi and trading ecosystems.
Pro-Tip for Traders:
Use the USDT/DAI pair as a reference for market stability. High liquidity and minimal deviation signify robust confidence in the market’s core infrastructure.
#Stablecoins #CryptoTrading #USDT #DAI #Binance
USDT/DAI Stability: A Crucial Pillar of the Crypto Market
The USDT/DAI trading pair remains a vital indicator of stability in the cryptocurrency market. Currently priced at $1.0002 (+0.01%), the pair showcases the reliability of stablecoins in maintaining their peg even during volatile market conditions.
Key Highlights:
🔹 24H Range: $1.0000 - $1.0004
🔹 Volume: A solid 7.27M, reflecting high liquidity and market trust.
🔹 Stability: Despite the minor fluctuations, both USDT and DAI maintain their promise of a stable $1 value, ensuring confidence among traders and investors.
Why This Matters:
Stablecoins like USDT and DAI act as a safe haven for crypto traders, enabling seamless transitions between volatile assets and secure holdings. The consistent peg to the dollar reinforces their role as the backbone of DeFi and trading ecosystems.
Pro-Tip for Traders:
Use the USDT/DAI pair as a reference for market stability. High liquidity and minimal deviation signify robust confidence in the market’s core infrastructure.
#Stablecoins #CryptoTrading #USDT #DAI #Binance
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A whale spent 30.76 million DAI to buy 501 WBTC in the past 30 minutes
According to Spot On Chain's monitoring data, a large account starting with 0x1e2 bought 501 WBTC at a price of $61,436 with 30.76 million DAI in the past 30 minutes. It is worth noting that the large account has previously made 3 WBTC transactions, all of which were profitable. Currently, the large account holds 1,153 WBTC (worth $70.9 million), with a total profit of $39.4 million, and also holds 2.88 million DAI, which can be used to buy more tokens. #dai #WBTC #BTC🔥🔥🔥🔥🔥🔥
According to Spot On Chain's monitoring data, a large account starting with 0x1e2 bought 501 WBTC at a price of $61,436 with 30.76 million DAI in the past 30 minutes. It is worth noting that the large account has previously made 3 WBTC transactions, all of which were profitable. Currently, the large account holds 1,153 WBTC (worth $70.9 million), with a total profit of $39.4 million, and also holds 2.88 million DAI, which can be used to buy more tokens. #dai #WBTC #BTC🔥🔥🔥🔥🔥🔥
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The whale has made a move! 3.82 million DAI has been used to sweep multi-chain assets, details revealed!
In the past 16 hours, a top whale has entered "shopping mode," spending 3.82 million DAI to aggressively acquire four major tokens:
2 million DAI to buy 576.36 stETH, strategically positioning for Ethereum staking; 1 million DAI to purchase 53.09 billion PEPE, betting on a rebound in meme coins; 673,000 DAI exchanged for 193.59 ETH, continuing to accumulate core assets; 150,000 DAI received 85,962 LDO, optimistic about the future potential of the staking sector.
Whales are often seen as the market's barometer; what signal does this operation convey? Is it a long-term bullish outlook on mainstream coins, or a short-term bet on hot assets? In-depth analysis is coming soon!
Haven't followed Mr. Lin yet? Missing out on this decoding operation could mean missing a wealth opportunity!
#dai #ETH #STETH #PEPE #USUAL $XRP $ENA $SOL
In the past 16 hours, a top whale has entered "shopping mode," spending 3.82 million DAI to aggressively acquire four major tokens:
2 million DAI to buy 576.36 stETH, strategically positioning for Ethereum staking; 1 million DAI to purchase 53.09 billion PEPE, betting on a rebound in meme coins; 673,000 DAI exchanged for 193.59 ETH, continuing to accumulate core assets; 150,000 DAI received 85,962 LDO, optimistic about the future potential of the staking sector.
Whales are often seen as the market's barometer; what signal does this operation convey? Is it a long-term bullish outlook on mainstream coins, or a short-term bet on hot assets? In-depth analysis is coming soon!
Haven't followed Mr. Lin yet? Missing out on this decoding operation could mean missing a wealth opportunity!
#dai #ETH #STETH #PEPE #USUAL $XRP $ENA $SOL
Warning ⚠️ Tether's (USDT) misleading claims about its reserves and lack of transparency raises concerns about the true stability and reliability of $USDT
Possibility of Depegging ⚠️ (Losing the $1 Peg)
Although USDT usually maintains a value close to $1, its price can deviate in certain situations. Such deviations often occur during periods of extreme market volatility or when there is a lack of confidence in Tether's stability.
Examples of USDT Dropping Below $1:
April 2017: During cryptocurrency market volatility, USDT dropped to around $0.91 as doubts arose about Tether's ability to maintain backing. 🚩
October 2018: USDT experienced a sharp drop to $0.85 after rumors of Tether's insolvency and insufficient reserves to back all issued tokens.
Centralization ⚠️
USDT is a centralized stablecoin, meaning its issuance and control are managed by Tether Limited. Centralized stablecoins are exposed to risks such as regulatory interventions or liquidity issues if the company faces legal or financial challenges.
⚠️ Credit Risk and Growing Competition
If Tether's reserves are not sufficiently diversified or secure, credit risk may arise. Additionally, stablecoins like #USDD , #DAI (#USDS ) or usual's #USD0 offer more decentralized alternatives, threatening USDT 's long-term dominance in the market.
These factors, combined, can lead to volatility or a weakening of investor confidence in USDT. ❗
Last but not least #USDT cannot be subscribed for earning interest citing binance "due to your current local restrictions these assets cannot be subscribed". WFT?
Possibility of Depegging ⚠️ (Losing the $1 Peg)
Although USDT usually maintains a value close to $1, its price can deviate in certain situations. Such deviations often occur during periods of extreme market volatility or when there is a lack of confidence in Tether's stability.
Examples of USDT Dropping Below $1:
April 2017: During cryptocurrency market volatility, USDT dropped to around $0.91 as doubts arose about Tether's ability to maintain backing. 🚩
October 2018: USDT experienced a sharp drop to $0.85 after rumors of Tether's insolvency and insufficient reserves to back all issued tokens.
Centralization ⚠️
USDT is a centralized stablecoin, meaning its issuance and control are managed by Tether Limited. Centralized stablecoins are exposed to risks such as regulatory interventions or liquidity issues if the company faces legal or financial challenges.
⚠️ Credit Risk and Growing Competition
If Tether's reserves are not sufficiently diversified or secure, credit risk may arise. Additionally, stablecoins like #USDD , #DAI (#USDS ) or usual's #USD0 offer more decentralized alternatives, threatening USDT 's long-term dominance in the market.
These factors, combined, can lead to volatility or a weakening of investor confidence in USDT. ❗
Last but not least #USDT cannot be subscribed for earning interest citing binance "due to your current local restrictions these assets cannot be subscribed". WFT?
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Ethereum Foundation transfers 1.5 million DAI to a dormant wallet for 6 years, sparking market speculation
According to PeckShield monitoring, the address marked as "Ethereum Foundation" on the chain has recently made a large transfer of funds, and about 1.5 million DAI has been transferred to a wallet address starting with 0x5789 that has been dormant since 6 years ago. This transfer has attracted widespread attention and speculation in the market.
Does this abnormal transaction mean some kind of internal operation, redistribution of foundation assets, or a deeper action? The activation of dormant wallets usually triggers market speculation, and this scale of fund transfer is particularly eye-catching in the current market context.
With the transparency of on-chain activities, transfers like this will undoubtedly become the focus of market attention. In the next few days, more details may reveal the true intention behind this transfer.
#本周美国将公布PCE、GDP数据 #dai $ETH
According to PeckShield monitoring, the address marked as "Ethereum Foundation" on the chain has recently made a large transfer of funds, and about 1.5 million DAI has been transferred to a wallet address starting with 0x5789 that has been dormant since 6 years ago. This transfer has attracted widespread attention and speculation in the market.
Does this abnormal transaction mean some kind of internal operation, redistribution of foundation assets, or a deeper action? The activation of dormant wallets usually triggers market speculation, and this scale of fund transfer is particularly eye-catching in the current market context.
With the transparency of on-chain activities, transfers like this will undoubtedly become the focus of market attention. In the next few days, more details may reveal the true intention behind this transfer.
#本周美国将公布PCE、GDP数据 #dai $ETH
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$ETH
Big move by Ethereum Foundation!
Sold another 100 ETH in 1 hour, earning 7.64 million DAI this year!
Ethereum Foundation continues to sell ETH!
🕒 1 hour ago
🏛️ Ethereum Foundation
💰 Sold at 241K DAI
🔢 100 ETH
📅 Since January 1st
📈 Average price of $2,922 on DEX
🔢 Total sold 2,616 ETH
💰 Total 7.64 million DAI
#dai
#ETH🔥🔥🔥🔥
#ETH🔥🔥🔥🔥🔥🔥
#美联储何时降息？
#BTC走势分析
Big move by Ethereum Foundation!
Sold another 100 ETH in 1 hour, earning 7.64 million DAI this year!
Ethereum Foundation continues to sell ETH!
🕒 1 hour ago
🏛️ Ethereum Foundation
💰 Sold at 241K DAI
🔢 100 ETH
📅 Since January 1st
📈 Average price of $2,922 on DEX
🔢 Total sold 2,616 ETH
💰 Total 7.64 million DAI
#dai
#ETH🔥🔥🔥🔥
#ETH🔥🔥🔥🔥🔥🔥
#美联储何时降息？
#BTC走势分析
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DAI supply increased by 1 billion in the past two months
DAI supply increased from $4.4 billion to $5.4 billion in 60 days. In addition to supply growth, DAI set a new record in April, with on-chain transaction volume reaching $636.72 billion. The Dai Savings Rate (DSR) also showed positive momentum, with the DSR growing steadily in recent months and total deposits exceeding $2 billion last week.
The growth of MakerDAO’s DAI supply in the past two months is a significant phenomenon, from $4.4 billion to $5.4 billion, which means that the market size of DAI is expanding. This growth may be related to several factors:
1. Adjustment of Stability Fee and DAI borrowing APY: SparkLend’s adjustment of Stability Fee and DAI borrowing APY (annualized rate of return) may have attracted more users to engage in lending activities, thereby increasing the supply of DAI.
The growth of MakerDAO’s DAI supply in the past two months is a significant phenomenon, from $4.4 billion to $5.4 billion, which means that the market size of DAI is expanding. This growth may be related to several factors:
1. Adjustment of Stability Fee and DAI borrowing APY: SparkLend’s adjustment of Stability Fee and DAI borrowing APY (annualized rate of return) may have attracted more users to engage in lending activities, thereby increasing the supply of DAI.
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From 3.6 trillion to 1.2 trillion: The shocking decline in stablecoin transfer volume reveals the truth about the market!
The stablecoin market has experienced modest growth since October, but the overall growth rate appears to be quite weak. Currently, the industry is valued at $172.7 billion, with 48.9% of stablecoins running on Ethereum and 34.92% circulating on Tron. Despite the significant expansion of the stablecoin space earlier this year, transfer volumes have continued to decline since May.
The crypto market is growing, but stablecoin transfer volume is declining – why? According to data from defillama.com, the market value of fiat-anchored stablecoins this weekend was US$172.7 billion, an increase of 27.93% from the beginning of the year. However, since a peak of $3.6 trillion in May, transfer volumes have fallen to $1.2 trillion, a huge disparity that is clearly concerning.
Data shows that **83.82%** of circulating stablecoins are issued on Ethereum or Tron, and the top five stablecoins are USDT, USDC, DAI, USDE and FDUSD. Changes in these data reflect market dynamics, but the sharp decline in transfer volumes tells a different story.
As market sentiment changes and regulatory pressure increases, traders gradually restrict fund transfers. Against this background, the rise of interest-bearing fiat-anchored currencies such as USDE shows that investors tend to view stablecoins as investment assets rather than just trading or payment instruments.
This shift may mean that the functions of stablecoins are quietly evolving. In the future, if market volatility intensifies or investor confidence recovers, transfer volume may rebound again.
How do you see the growth of the stablecoin economy versus the decrease in transfer volume? In this complicated situation, please share your thoughts and insights in the comment area! Follow Boshi to get more cutting-edge analysis and market trends!
#BTC要挑战7W大关了吗？ #USDC #dai #USDC #tusd $FDUSD $USDC $AEUR
The stablecoin market has experienced modest growth since October, but the overall growth rate appears to be quite weak. Currently, the industry is valued at $172.7 billion, with 48.9% of stablecoins running on Ethereum and 34.92% circulating on Tron. Despite the significant expansion of the stablecoin space earlier this year, transfer volumes have continued to decline since May.
The crypto market is growing, but stablecoin transfer volume is declining – why? According to data from defillama.com, the market value of fiat-anchored stablecoins this weekend was US$172.7 billion, an increase of 27.93% from the beginning of the year. However, since a peak of $3.6 trillion in May, transfer volumes have fallen to $1.2 trillion, a huge disparity that is clearly concerning.
Data shows that **83.82%** of circulating stablecoins are issued on Ethereum or Tron, and the top five stablecoins are USDT, USDC, DAI, USDE and FDUSD. Changes in these data reflect market dynamics, but the sharp decline in transfer volumes tells a different story.
As market sentiment changes and regulatory pressure increases, traders gradually restrict fund transfers. Against this background, the rise of interest-bearing fiat-anchored currencies such as USDE shows that investors tend to view stablecoins as investment assets rather than just trading or payment instruments.
This shift may mean that the functions of stablecoins are quietly evolving. In the future, if market volatility intensifies or investor confidence recovers, transfer volume may rebound again.
How do you see the growth of the stablecoin economy versus the decrease in transfer volume? In this complicated situation, please share your thoughts and insights in the comment area! Follow Boshi to get more cutting-edge analysis and market trends!
#BTC要挑战7W大关了吗？ #USDC #dai #USDC #tusd $FDUSD $USDC $AEUR
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Stablecoin DAI surges in activity driven by complex MEV transactions
DAI stablecoin activity on Ethereum has increased dramatically in recent days, hitting an all-time high of $86 billion in trading volume on April 17. Previously, daily activity was less than $1 billion. The main driver behind this surge is complex MEV transactions, which include the use of Maker's lightning minting module. The module allows users to mint DAI and pay tips in the same transaction. This mechanism attracts arbitrageurs and MEV robots, for example, nearly $1 billion in DAI trading volume in one transaction. EigenPhi data shows that MEV robots made about $20,000 in profits per day from April 17 to 18, although the pace of activity has slowed down. The surge in DAI activity highlights the continued evolution and use of stablecoins in the crypto space. #dai #MEV
DAI stablecoin activity on Ethereum has increased dramatically in recent days, hitting an all-time high of $86 billion in trading volume on April 17. Previously, daily activity was less than $1 billion. The main driver behind this surge is complex MEV transactions, which include the use of Maker's lightning minting module. The module allows users to mint DAI and pay tips in the same transaction. This mechanism attracts arbitrageurs and MEV robots, for example, nearly $1 billion in DAI trading volume in one transaction. EigenPhi data shows that MEV robots made about $20,000 in profits per day from April 17 to 18, although the pace of activity has slowed down. The surge in DAI activity highlights the continued evolution and use of stablecoins in the crypto space. #dai #MEV
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Stablecoin market grows by 555 million dollars in October – Which tokens are leading?
In the past month, stablecoins recorded a slight growth with the total market capitalization rising by 0.32%, from 172.337 billion USD to 172.892 billion USD. Leading the market is Tether (USDT) with an impressive market cap of 120.522 billion USD, accounting for 69.71% of the total value of the entire stablecoin segment.
October figures also show that the supply of USDT increased by 0.7%. In second place, USD Coin (USDC) has a market capitalization of 34.629 billion USD, down 1.9% from the previous month.
October figures also show that the supply of USDT increased by 0.7%. In second place, USD Coin (USDC) has a market capitalization of 34.629 billion USD, down 1.9% from the previous month.
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Big Bet! Whale Invests Millions on Trump's Victory, US Presidential Election Becomes a New Battlefield for "High Stakes" Gambling!
Monitoring data shows that the whale "zxgngl" today withdrew 2.75 million USDC from Binance, heading straight to the prediction market Polymarket to place a bet on Trump's victory. From October 11 until now, this whale has spent a total of 10.68 million USDC, fully betting that Trump will win the election. The big moves of this "big player" have not only stirred the market atmosphere but also sparked speculation about its precise judgment of the political direction.
As the election approaches, market expectations have become more volatile, and the flow of funds has shown dramatic changes. While the big players are placing their bets, where should ordinary investors go? The market variables are endless, so let’s keep an eye on it and wait for this "high stakes gamble" to be revealed.
Follow Lao Chen to see through the whale's movements, with daily analyses of new market waves!
#美国大选后行情预测 #USDC #加密货币急跌 #usdt #dai $USDC $USTC $USDP
Monitoring data shows that the whale "zxgngl" today withdrew 2.75 million USDC from Binance, heading straight to the prediction market Polymarket to place a bet on Trump's victory. From October 11 until now, this whale has spent a total of 10.68 million USDC, fully betting that Trump will win the election. The big moves of this "big player" have not only stirred the market atmosphere but also sparked speculation about its precise judgment of the political direction.
As the election approaches, market expectations have become more volatile, and the flow of funds has shown dramatic changes. While the big players are placing their bets, where should ordinary investors go? The market variables are endless, so let’s keep an eye on it and wait for this "high stakes gamble" to be revealed.
Follow Lao Chen to see through the whale's movements, with daily analyses of new market waves!
#美国大选后行情预测 #USDC #加密货币急跌 #usdt #dai $USDC $USTC $USDP
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Stablecoin Market Adjustment: USDT Maintains Dominance, Market Capitalization Trends Worth Watching!
According to the latest data from DefiLlama, the total market capitalization of stablecoins is currently reported at $172.437 billion, with a decrease of 0.16% over the past week. Among them, USDT's market share is as high as 69.67%, continuing to solidify its leadership position in the stablecoin ecosystem. This data not only reflects market sentiment but also indicates potential liquidity changes in the future.
In this context, investors need to closely monitor market dynamics and adjust their strategies in a timely manner. Want to gain more in-depth analysis and practical trading tips? Follow Lao Lin, and let's seize market opportunities together and share profit chances!
#USDT。 #年底牛还熊？ #美国大选前行情观察 #dai #USDC $USDC $TUSD $PAXG
According to the latest data from DefiLlama, the total market capitalization of stablecoins is currently reported at $172.437 billion, with a decrease of 0.16% over the past week. Among them, USDT's market share is as high as 69.67%, continuing to solidify its leadership position in the stablecoin ecosystem. This data not only reflects market sentiment but also indicates potential liquidity changes in the future.
In this context, investors need to closely monitor market dynamics and adjust their strategies in a timely manner. Want to gain more in-depth analysis and practical trading tips? Follow Lao Lin, and let's seize market opportunities together and share profit chances!
#USDT。 #年底牛还熊？ #美国大选前行情观察 #dai #USDC $USDC $TUSD $PAXG
🚨$USDC USDT/DAI HOLDS PEG AT $1 – A STABLE OUTLOOK! 🔒
The USDT/DAI pair remains steady at $1.0003, showing minimal deviation with a 24-hour high of $1.0024 and a low of $0.9801. Stablecoins like USDT and DAI continue to play a crucial role in providing liquidity and stability in volatile markets. 💱
Key Observations:
Peg Stability: USDT and DAI demonstrate resilience, holding the $1 peg despite market fluctuations.
Volume: A notable 23.92M USDT and DAI traded in the past 24 hours highlights steady demand.
Spikes in Volatility: Recent outlier spikes (to $1.5000 and $0.9700) reflect temporary liquidity anomalies, quickly corrected by the market.
Why It Matters:
Stablecoins are the backbone of the crypto ecosystem, providing a safe haven during volatility and a bridge for trading pairs. This stability ensures trust and usability for traders and investors.
💡 Pro Tip: Watch for stablecoin volumes during market downturns – they often signal shifts in sentiment as traders seek refuge in stability.
📊 Are stablecoins your go-to during volatile times? Share your insights below!
#Stablecoins #USDT #DAI #CryptoStability #Write2Earn!
The USDT/DAI pair remains steady at $1.0003, showing minimal deviation with a 24-hour high of $1.0024 and a low of $0.9801. Stablecoins like USDT and DAI continue to play a crucial role in providing liquidity and stability in volatile markets. 💱
Key Observations:
Peg Stability: USDT and DAI demonstrate resilience, holding the $1 peg despite market fluctuations.
Volume: A notable 23.92M USDT and DAI traded in the past 24 hours highlights steady demand.
Spikes in Volatility: Recent outlier spikes (to $1.5000 and $0.9700) reflect temporary liquidity anomalies, quickly corrected by the market.
Why It Matters:
Stablecoins are the backbone of the crypto ecosystem, providing a safe haven during volatility and a bridge for trading pairs. This stability ensures trust and usability for traders and investors.
💡 Pro Tip: Watch for stablecoin volumes during market downturns – they often signal shifts in sentiment as traders seek refuge in stability.
📊 Are stablecoins your go-to during volatile times? Share your insights below!
#Stablecoins #USDT #DAI #CryptoStability #Write2Earn!