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

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USDC

Daily

$1.0012

▼ -0.01%

Volume (24h): -

Resistance Levels

Resistance 3$1.0193

Resistance 2$1.017

Resistance 1$1.0017

Price$1.0012

Support 1$1.0009

Support 2$1.0004

Support 3$0.9850

Pivot (PP):$1.0013

Trend:Uptrend

RSI (14):60.3

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.

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