Stablecoins total market cap just surpassed $150 billion
The total market cap of all stablecoins surpassed $150 billion on Monday. Tether’s USDT is still the largest stablecoin on the market, but Center’s USDC is catching up.
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The potential digital dollar is the embodiment of everything the crypto industry fears.
Founded by Terraform Labs, non-profit Luna Foundation Group, is set out to support the stability of the stablecoin UST peg, and allocate grants for ecosystem builders.
The amount of USDC stablecoin issued on the Ethereum blockchain has surpassed that of the number one stablecoin USDT. The “flippening” is telling of the recent growth of USDC.
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