$USUAL The growth of the stablecoin USD0 leads the market
Data from RWA.xyz shows that the market capitalization of USD0, the leading stablecoin of Usual, has grown from 20 million dollars in mid-2024 to over 1.4 billion dollars. In the last 30 days, the market capitalization of USD0 has increased by 237%, making it the fastest-growing stablecoin of the month.
Additionally, during 2024, the stablecoin market will become more competitive, with the entry of several new participants. For example, Ethena Labs launched USDtb, a stablecoin backed by BUIDL from BlackRock, while Ripple has attracted attention with the launch of RLUSD.