Non USD (USDC, USDT) stablecoins are struggling to crack 0.5% of market share

Loading market data...

USDC

Daily

$1.0008

▼ -0.00%

Volume (24h): -

Resistance Levels

Resistance 3$1.0219

Resistance 2$1.017

Resistance 1$1.0009

Price$1.0008

Support 1$1.0008

Support 2$0.9853

Support 3$0.9706

Pivot (PP):$1.0009

Trend:Uptrend

RSI (14):54.8

CoinDesk Staff

(06:13 AM UTC)

1 min read

Everyone is building non-dollar stablecoins. But data shows that compared to USD-denominated stablecoins, almost no one is using them.

Non-dollar stablecoins have grown sharply over the past five years. Despite the headlines, they just have not become any more important.

The combined supply of euro, Canadian dollar, Japanese yen, Singapore dollar, and other non-USD stablecoins rose to about $771…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Comments